Newport News, Virginia employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
25 employers in Newport News, Virginia filed health plans with 100 or more participants for plan year 2024, covering 85,841 participants. They reported $14M in insurance premiums and $7.3M in broker commissions and fees. Against 2023, premiums were up 9.4% and broker pay rose 10.4%.
Funding: 5 fully insured · 10 self-funded · 10 mixed. 20 of 25 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Newport News
Newport News employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Huntington Ingalls Industries, Inc. | $9,024,991 | $2,731,737 | 36,976 | Aon |
| Riverside Health System | $2,960,588 | $1,333,535 | 6,514 | Marsh McLennan Agency |
| B-Squared Medical, LLC | $861,372 | $131,691 | 233 | Strategic Benefits GRP |
| Jefferson Science Associates, LLC | $805,638 | $398,380 | 2,450 | USI Insurance Services |
| DTSV, Inc. | $147,777 | $202,759 | 594 | USI Insurance Services |
| Ferguson Enterprises, LLC | $0 | $821,687 | 30,714 | Willis Towers Watson |
| Liebherr-America, Inc. | $0 | $419,849 | 1,495 | Mercer |
| Tidewater Physicians Multispecialty Group, P.C. | $0 | $189,672 | 1,159 | Marsh McLennan Agency |
| Drucker and Falk, Inc. | $0 | $95,814 | 969 | USI Insurance Services |
| Canon Virginia, Inc. | $0 | — | 888 | — |
| Langley Federal Credit Union | $0 | $85,508 | 699 | Alliant Insurance Services |
| Newport News Shipbuilding Employees Credit Union, Inc. | $0 | $170,664 | 427 | Brown & Brown |
| Casey Auto Group, Inc. | $0 | $75,272 | 379 | Hilb Group of Maryland |
| Pbmares, LLP | $0 | $172,213 | 347 | USI Insurance Services |
| Virginia Health Services, Inc. | $0 | $19,371 | 331 | Kersey Sealey Clark & Associates |
| C&F Enterprises Inc. dba Gallerie Ii | $0 | $30,704 | 292 | W. D. Campbell and Son, Inc. |
| W.M. Jordan Company, Inc. | $0 | — | 240 | — |
| Hampton Roads Community Action Program, Inc. | $0 | $55,832 | 236 | Frieden Agency Inc |
| Warwick Mechanical Group | $0 | $60,013 | 173 | Frieden Agency LLC |
| Power Mechanical, Inc. | $0 | $42,136 | 151 | OneDigital |
| Tri-Cities Beverage Corporation | $0 | $25,603 | 135 | World Insurance Associates |
| Ita International, LLC | $0 | $78,340 | 125 | Lockton |
| Action Technical Temporaries, Inc. | $0 | $39,864 | 106 | USI Insurance Services |
| R&K Enterprise Solutions, Inc. | $0 | $47,020 | 106 | HUB International |
| Spectrum Comm, Inc. | $0 | $45,266 | 102 | 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 Newport News employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Aon | $1,519,894 | 1 |
| Custom Benefit Programs Inc | $1,062,324 | 2 |
| Marsh McLennan Agency | $969,283 | 4 |
| USI Insurance Services | $829,394 | 5 |
| Lockton | $632,269 | 2 |
| Willis Towers Watson | $461,296 | 3 |
| Mercer | $419,849 | 1 |
| Strategic Non-Medical Solution | $332,135 | 1 |
| Alight Solutions | $150,408 | 1 |
| Brown & Brown | $134,087 | 2 |
Largest medical carriers
Medical premium written for these employers.
Newport News against Virginia 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.
| Newport News | Virginia | United States | |
|---|---|---|---|
| Employer plans | 25 | 1,613 | 58,547 |
| Median commission rate | n/a | 4.6% | 3.8% |
| Middle half of rates | n/a | 3.2% – 6.4% | 2.7% – 5.0% |
| Median broker pay per employer | $85,508 | $71,889 | $72,628 |
| Medical premium per covered person | n/a | $6,864 | $7,274 |
| Plans reporting no commission | 0 | 5 | 933 |
Year over year. In plan year 2023, 26 Newport News employers reported $13M in premiums and $6.6M in broker pay for 89,554 participants; in 2024 it was $14M and $7.3M for 85,841 participants (premiums +9.4%, broker pay +10.4%).
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 Newport News employers pay health insurance brokers?
25 Newport News employers reported $7,272,930 in broker commissions and fees on their 2024 Form 5500 filings, 23 of them disclosing at least some compensation. Too few fully insured medical plans in Newport News reported premium to compute a stable commission rate; the Virginia median is 4.6% and the U.S. median is 3.8%. In dollars, the median Newport News employer that disclosed broker pay reported $85,508.
Which Newport News employers have the largest health plans?
By insurance premium reported for 2024, Huntington Ingalls Industries, Inc. ($9.0M), Riverside Health System ($3.0M), B-Squared Medical, LLC ($861,372) lead. 25 Newport News employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Newport News?
By compensation reported by Newport News employers, the largest brokers are Aon ($1.5M, 1 plans), Custom Benefit Programs Inc ($1.1M, 2 plans), Marsh McLennan Agency ($969,283, 4 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Sentara Health Plans, Inc., Anthem Health Plans of Virginia, Inc..
Are Newport News employer health plans self-funded or fully insured?
Of 25 Newport News employer plans, 5 are fully insured, 10 are self-funded and 10 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 Virginia
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