Wichita Falls, Texas employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
18 employers in Wichita Falls, Texas filed health plans with 100 or more participants for plan year 2024, covering 5,806 participants. They reported $296,830 in insurance premiums and $1.8M in broker commissions and fees. Against 2023, premiums were unchanged and broker pay rose 5.4%.
Funding: 6 fully insured · 10 self-funded · 2 mixed. 12 of 18 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Wichita Falls
Wichita Falls employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Hospice of Wichita Falls, Inc. | $296,830 | $60,016 | 148 | Good to Great Holdings, LLC |
| United Regional Health Care System | $0 | $674,537 | 2,768 | Lockton |
| Burk Royalty Co. LTD | $0 | $329,136 | 299 | Marsh McLennan Agency |
| American National Bank and Trust | $0 | $66,119 | 277 | USI Insurance Services |
| Healing Hands Healthcare, LLC | $0 | $66,546 | 260 | Marsh McLennan Agency |
| Work Services Corporation | $0 | $103,450 | 238 | Higginbotham |
| Community Healthcare Center | $0 | $3,496 | 198 | Imagine360 |
| Clinics of North Texas, LLP | $0 | $94,473 | 190 | Erin Giusti |
| Kell West Regional Hospital | $0 | $19,735 | 175 | Gallagher |
| Midwest Dental Equipment & Supply | $0 | $16,916 | 165 | Higginbotham |
| Lone Star Milk Transport, Inc. | $0 | $133,756 | 165 | Agri-Service Agency LLC |
| Texhoma Christian Care Center, Inc. | $0 | $24,141 | 157 | Marsh McLennan Agency |
| Sharp Iron Group, LLC | $0 | — | 152 | — |
| Presbyterian Manor, Inc. | $0 | $20,951 | 138 | Higginbotham |
| R and S Foods, LLC | $0 | — | 123 | — |
| First National Bank of Wichita Falls | $0 | $32,310 | 123 | Higginbotham |
| Union Square Credit Union | $0 | $23,670 | 120 | Higginbotham |
| United Electric dba Magic Aire | $0 | $87,941 | 110 | Marsh McLennan Agency |
Source: DOL Form 5500 Schedule A, plan year 2024; employers are grouped by the sponsor's mailing city as filed. Self-funded employers show only stop-loss and ancillary premium.
Who gets paid
Commissions and fees reported by Wichita Falls employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $674,537 | 1 |
| Marsh McLennan Agency | $463,683 | 4 |
| Higginbotham | $216,537 | 6 |
| Agri-Service Agency LLC | $133,767 | 1 |
| USI Insurance Services | $66,119 | 1 |
| Good to Great Holdings, LLC | $45,586 | 1 |
| Erin Giusti | $44,605 | 1 |
| RSC Insurance Brokerage, Inc. | $35,626 | 1 |
| Centerstone Ins & Fin Ser | $14,430 | 1 |
| Gallagher | $14,315 | 1 |
Largest medical carriers
Medical premium written for these employers.
Wichita Falls against Texas and the U.S.
Medians over the same definitions on every BenefitsLedger page: commission rate on commission-paying, fully insured medical plans; broker pay per employer that disclosed any; medical premium per covered person.
| Wichita Falls | Texas | United States | |
|---|---|---|---|
| Employer plans | 18 | 4,926 | 58,547 |
| Median commission rate | n/a | 5.6% | 3.8% |
| Middle half of rates | n/a | 2.7% – 6.0% | 2.7% – 5.0% |
| Median broker pay per employer | $63,068 | $86,351 | $72,628 |
| Medical premium per covered person | n/a | $6,089 | $7,274 |
| Plans reporting no commission | 0 | 22 | 933 |
Year over year. In plan year 2023, 17 Wichita Falls employers reported $0 in premiums and $1.7M in broker pay for 5,010 participants; in 2024 it was $296,830 and $1.8M for 5,806 participants (broker pay +5.4%).
Source: DOL Form 5500 and Schedule A, plan years 2024 and 2023, employer health plans with 100 or more participants; built October 24, 2026. Medians need at least 10 rated plans to be shown for a city. Methodology.
How much do Wichita Falls employers pay health insurance brokers?
18 Wichita Falls employers reported $1,757,193 in broker commissions and fees on their 2024 Form 5500 filings, 16 of them disclosing at least some compensation. Too few fully insured medical plans in Wichita Falls reported premium to compute a stable commission rate; the Texas median is 5.6% and the U.S. median is 3.8%. In dollars, the median Wichita Falls employer that disclosed broker pay reported $63,068.
Which Wichita Falls employers have the largest health plans?
By insurance premium reported for 2024, Hospice of Wichita Falls, Inc. ($296,830), United Regional Health Care System ($0), Burk Royalty Co. LTD ($0) lead. 18 Wichita Falls employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Wichita Falls?
By compensation reported by Wichita Falls employers, the largest brokers are Lockton ($674,537, 1 plans), Marsh McLennan Agency ($463,683, 4 plans), Higginbotham ($216,537, 6 plans). By medical premium, the largest carriers are Health Care Service Corporation, Amfirst, Unitedhealthcare Insurance Company.
Are Wichita Falls employer health plans self-funded or fully insured?
Of 18 Wichita Falls employer plans, 6 are fully insured, 10 are self-funded and 2 mix insured and self-funded coverage. Self-funded plans report only stop-loss and ancillary contracts on Schedule A, so their premium and broker pay understate total spend.
Other cities in Texas
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