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Industry · NAICS-2 22 · 2022

Utilities

$2.7B in welfare premiums across 1,053 plans from 652 sponsors.

Plans
1,053
No prior year
Sponsors
652
No prior year
Premiums
$2.7B
No prior year
Covered lives
1,929,901
No prior year

Funding mix

2022
Fully insured34.8%
366
Self-funded31.6%
333
Mixed29.7%
313
Unknown2.5%
26
MEWA1.4%
15

Top carriers in this industry

  1. 1BLUE CROSS OF CALIFORNIA$599.3M137 plans · 22.4%
  2. 2METROPOLITAN LIFE INSURANCE COMPANY$428.1M158 plans · 16.0%
  3. 3SECURIAN LIFE INSURANCE COMPANY$200.5M24 plans · 7.5%
  4. 4KAISER FOUNDATION HEALTH PLAN INC$183.6M37 plans · 6.9%
  5. 5HARTFORD LIFE AND ACCIDENT$166.8M63 plans · 6.2%
  6. 6UNITEDHEALTHCARE INSURANCE COMPANY$111.3M56 plans · 4.2%
  7. 7CIGNA HEALTH AND LIFE INSURANCE COMPANY$92.9M71 plans · 3.5%
  8. 8DELTA DENTAL OF CALIFORNIA$67.3M83 plans · 2.5%
  9. 9THE LINCOLN NATIONAL LIFE INSURANCE COMPANY$66.4M48 plans · 2.5%
  10. 10LIFE INSURANCE COMPANY OF NORTH AMERICA$56.4M99 plans · 2.1%
  11. 11AETNA LIFE INSURANCE COMPANY$54.9M40 plans · 2.1%
  12. 12UNUM LIFE INSURANCE COMPANY OF AMERICA$52.1M74 plans · 1.9%
  13. 13PRUDENTIAL INSURANCE COMPANY OF AMERICA$51.2M33 plans · 1.9%
  14. 14BLUE CARE NETWORK OF MICHIGAN$43.9M2 plans · 1.6%
  15. 15VISION SERVICE PLAN$38.9M104 plans · 1.5%

Top brokers in this industry

  1. 1MERCER HEALTH AND BENEFITS, LLC$9.9M67 plans · 15.9%
  2. 2WILLIS TOWERS WATSON US LLC$5.9M58 plans · 9.4%
  3. 3MARSH & MCLENNAN AGENCY LLC$5.3M68 plans · 8.5%
  4. 4LOCKTON COMPANIES, LLC$3.8M26 plans · 6.1%
  5. 5AON CONSULTING INC$3.5M38 plans · 5.6%
  6. 6GALLAGHER BENEFIT SERVICES, INC.$2.1M36 plans · 3.3%
  7. 7BROWN & BROWN INSURANCE SERVICES$1.6M22 plans · 2.5%
  8. 8MCGRIFF INSURANCE SERVICES INC$1.1M20 plans · 1.8%
  9. 9BLUE CROSS BLUE SHIELD OF FLORIDA$1.1M4 plans · 1.7%
  10. 10BURNHAM FINANCIAL SERVICES, LLC$1.0M4 plans · 1.6%
  11. 11EDGEWOOD PARTNERS INSURANCE CENTER$1.0M3 plans · 1.6%
  12. 12DIGITAL INSURANCE LLC$865K15 plans · 1.4%
  13. 13USI INSURANCE SERVICES LLC$829K15 plans · 1.3%
  14. 14ENROLLEASE$792K16 plans · 1.3%
  15. 15HAVENS & COMPANY INC$786K1 plans · 1.3%

Multi-year totals

Largest plans in this industry

Sponsor / PlanStateFundingPremiumCoveredCarrier
SOUTHERN COMPANY SERVICES, INC
SOUTHERN COMPANY SERVICES, INC. HEALTH AND WELFARE BENEFITS PLAN
GAFully insured$89.7M80,818DELTA DENTAL INSURANCE COMPANY
SOUTHERN CALIFORNIA GAS COMPANY
SOUTHERN CALIFORNIA GAS COMPANY ACTIVE EMPLOYEE GROUP HEALTH AND WELFARE PROGRAM
CAMixed$84.1M8,466KAISER FOUNDATION HEALTH PLAN INC.
SOUTHERN COMPANY SERVICES, INC.
SOUTHERN COMPANY SERVICES, INC. HEALTH CARE PLAN FOR RETIREES
GAFully insured$73.7M21,011ANTHEM BLUE CROSS BLUE SHIELD
MIDAMERICAN ENERGY COMPANY
MIDAMERICAN ENERGY COMPANY WELFARE BENEFIT PLAN
IAMixed$65.6M13,004WELLMARK BLUE CROSS BLUE SHIELD OF IOWA
DTE ENERGY CORPORATE SERVICES, LLC
DTE ENERGY COMPANY COMPREHENSIVE GROUP HEALTH CARE PLAN
MIFully insured$56.4M6,093BLUE CARE NETWORK OF MICHIGAN
BLACK HILLS CORPORATION
BLACK HILLS CORPORATION EMPLOYEE HEALTHCARE PLAN
SDFully insured$51.5M6,986WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA
NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION
GROUP BENEFITS PROGRAM
VAMEWA$51.3M155,719METROPOLITAN LIFE INSURANCE COMPANY
BLACK HILLS CORPORATION
BLACK HILLS CORPORATION RETIREE HEALTHCARE PLAN
SDFully insured$51.0M6,986WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA
FIRSTENERGY CORP
FIRSTENERGY CORP WELFARE PLAN
OHFully insured$46.2M32,757METROPOLITAN LIFE INSURANCE COMPANY
CONSOLIDATED EDISON COMPANY OF NEW YORK, INC. (EIN 13-5009340) AND
THE CONSOLIDATED EDISON, INC. MASTER HEALTH PLAN COVERS EMPLOYEES WITHIN THE CEI ERISA CONTROLLED GROUP
NYMixed$44.9M1,250AETNA LIFE INSURANCE CO.
DUKE ENERGY CORPORATION
DUKE ENERGY ACTIVE HEALTH & WELFARE BENEFIT PLANS
NCMixed$43.6M64,224SECURIAN LIFE INSURANCE COMPANY
CHENIERE ENERGY, INC.
CHENIERE ENERGY, INC. WELFARE BENEFITS PLAN
TXFully insured$41.7M4,812BLUE CROSS BLUE SHIELD OF TEXAS
AMERICAN ELECTRIC POWER SERVICE CORPORATION
AMERICAN ELECTRIC POWER SYSTEM LIFE & ACCIDENT INSURANCE PLAN
OHFully insured$38.0M31,294MINNESOTA LIFE INSURANCE COMPANY
SAN DIEGO GAS & ELECTRIC COMPANY
SAN DIEGO GAS & ELECTRIC COMPANY ACTIVE EMPLOYEE COMBINED GROUP HEALTH AND WELFARE PROGRAM
CAMixed$33.0M4,732KAISER FOUNDATION HEALTH PLAN INC.
ONCOR ELECTRIC DELIVERY COMPANY LLC
ONCOR SHARED RETIREE WELFARE PLAN
TXMEWA$32.2M3,973BLUECROSS BLUESHIELD OF TEXAS
RURAL METRO CORPORATION
RURAL METRO CORPORATION EMPLOYEE BENEFIT PLAN
AZFully insured$30.9M26,735HARTFORD LIFE AND ACCIDENT
PNG COMPANIES LLC
PNG COMPANIES LLC HEALTH AND WELFARE PLAN
PAFully insured$28.8M3,291HIGHMARK, INC.
MIDAMERICAN ENERGY COMPANY
MIDAMERICAN ENERGY COMPANY WELFARE BENEFIT PLAN FOR LOCALS 69, 109, 499 FORT MADISON, 499 & 738 REPRESENTED EMPLOYEES
IAMixed$28.4M3,126WELLMARK BLUE CROSS BLUE SHIELD OF IOWA
NEXTERA ENERGY, INC.
NEXTERA ENERGY, INC. EMPLOYEE HEALTH AND WELFARE PLAN
FLMixed$28.3M31,031METROPOLITAN LIFE INSURANCE COMPANY
PSEG POWER LLC
PSEG POWER LLC BENEFITS 2000 HEALTH AND WELFARE BENEFITS PLAN FOR REPRESENTED EMPLOYEES
NJMixed$28.2M729SECURIAN LIFE INSURANCE

Prospect-flag prevalence

% of plans tripped, 2022
Carrier concentration36734.9%Self-funded no stop-loss32230.6%High broker comp %28126.7%Carrier switched11010.4%Premium-per-life outlier848.0%Premium spike827.8%Broker switched625.9%
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