BenefitsLedger
City · Plan year 2024 · Form 5500

Redmond, Washington employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

28 employers in Redmond, Washington filed health plans with 100 or more participants for plan year 2024, covering 111,807 participants. They reported $1.5M in insurance premiums and $1.6M in broker commissions and fees. Against 2023, premiums were up 47.7% and broker pay rose 42.2%.

Employer plans
28
111,807 participants
Premiums
$1.5M
+47.7% vs 2023
Broker pay
$1.6M
+42.2% vs 2023 · 27 disclosed
Median rate
n/a
too few insured medical plans

Funding: 6 fully insured · 15 self-funded · 7 mixed. 22 of 28 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Redmond

Redmond employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.

EmployerPremiumsBroker payParticipantsTop broker
Pushpay USA Inc.$454,130$26,356536Marsh McLennan Agency
Zetron, Inc.$209,824$21,751163USI Insurance Services
Hopelink$203,861$33,002345USI Insurance Services
Digipen USA LLC$159,172$14,412195USI Insurance Services
The Overlake School$149,068$81,181140Propel Insurance Agency, LLC
Seagull Software, LLC$137,772$13,673193Aon
Prescryptive Health Inc.$129,652$11,806141Healthcare MGMT. Administrators
Allyis, Inc.$69,140$1,123114Truebenefits LLC
Bellevue Healthcare Ii Inc.$35,046$9,549195USI Insurance Services
Microsoft Corporation$0$456,227103,114Businessolver.Com, Inc
Nintendo of America Inc.$0$89,5741,863True Benefits, LLC
Pac Worldwide Corp$0$57,109989Connexion Insurance Solutions
Unisea, Inc.$0$44,552696Gallagher
3md, Inc.$0$20,474575USI Insurance Services
Geoengineers, Inc.$0$5,916394Truebenefits, LLC.
Centific Technologies, Inc.$0$185,693292USI Insurance Services
Emerald Communities$0$135,153276Lockton
Kymeta Corporation$0$19,083225USI Insurance Services
Pivotal Enterprises, LLC$0$4,705218USI Insurance Services
Elite Home Care$0$107,374160Gallagher
Cloudfit Software LLC$0$154,885155Marsh McLennan Agency
The Bear Creek School$0$31,027143Propel Insurance Agency, LLC
Aiphone Corporation$0$5,495134Brown & Brown
Microvision, Inc.$0$7,251128USI Insurance Services
Inventprise, Inc.$0$55,235116Capital Benefit Group, LLC

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 Redmond employers, with the number of employer plans naming each broker.

Largest medical carriers

Medical premium written for these employers.

Redmond against Washington 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.

RedmondWashingtonUnited States
Employer plans281,42358,547
Median commission raten/a1.3%3.8%
Middle half of ratesn/a0.6% – 3.1%2.7% – 5.0%
Median broker pay per employer$21,751$40,089$72,628
Medical premium per covered personn/an/a$7,274
Plans reporting no commission05933

Year over year. In plan year 2023, 24 Redmond employers reported $1.0M in premiums and $1.1M in broker pay for 113,473 participants; in 2024 it was $1.5M and $1.6M for 111,807 participants (premiums +47.7%, broker pay +42.2%).

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 Redmond employers pay health insurance brokers?

28 Redmond employers reported $1,605,576 in broker commissions and fees on their 2024 Form 5500 filings, 27 of them disclosing at least some compensation. Too few fully insured medical plans in Redmond reported premium to compute a stable commission rate; the Washington median is 1.3% and the U.S. median is 3.8%. In dollars, the median Redmond employer that disclosed broker pay reported $21,751.

Which Redmond employers have the largest health plans?

By insurance premium reported for 2024, Pushpay USA Inc. ($454,130), Zetron, Inc. ($209,824), Hopelink ($203,861) lead. 25 Redmond employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Redmond?

By compensation reported by Redmond employers, the largest brokers are Businessolver.Com, Inc. ($440,186, 1 plans), USI Insurance Services ($314,995, 9 plans), Marsh McLennan Agency ($167,979, 2 plans). By medical premium, the largest carriers are Kaiser Foundation Health Plan of Washington, Kaiser Foundation Health Plan of Washington Options, Inc., Cigna Health and Life Insurance Company.

Are Redmond employer health plans self-funded or fully insured?

Of 28 Redmond employer plans, 6 are fully insured, 15 are self-funded and 7 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 Washington

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