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Industry · NAICS-2 23 · 2022

Construction

$9.0B in welfare premiums across 9,559 plans from 8,837 sponsors.

Plans
9,559
No prior year
Sponsors
8,837
No prior year
Premiums
$9.0B
No prior year
Covered lives
5,046,538
No prior year

Funding mix

2022
Self-funded47.3%
4,519
Fully insured27.5%
2,632
Mixed19.4%
1,854
Unknown5.3%
502
MEWA0.5%
52

Top carriers in this industry

  1. 1BLUE CROSS OF CALIFORNIA$2.4B1,009 plans · 26.7%
  2. 2KAISER FOUNDATION HEALTH PLAN INC$1.8B360 plans · 20.0%
  3. 3UNITEDHEALTHCARE INSURANCE COMPANY$703.4M507 plans · 7.8%
  4. 4CIGNA HEALTH AND LIFE INSURANCE COMPANY$510.6M413 plans · 5.6%
  5. 5AETNA LIFE INSURANCE COMPANY$349.4M257 plans · 3.9%
  6. 6ANTHEM LIFE INSURANCE COMPANY$271.8M251 plans · 3.0%
  7. 7METROPOLITAN LIFE INSURANCE COMPANY$187.2M516 plans · 2.1%
  8. 8UNITED HEALTHCARE INSURANCE COMPANY$177.3M151 plans · 2.0%
  9. 9DELTA DENTAL OF CALIFORNIA$163.2M462 plans · 1.8%
  10. 10UNION SECURITY INSURANCE COMPANY$122.0M237 plans · 1.3%
  11. 11LIFE INSURANCE COMPANY OF NORTH AMERICA$115.3M305 plans · 1.3%
  12. 12HUMANA INSURANCE COMPANY$114.0M152 plans · 1.3%
  13. 13THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA$107.4M638 plans · 1.2%
  14. 14UNUM LIFE INSURANCE COMPANY OF AMERICA$92.9M464 plans · 1.0%
  15. 15SUN LIFE ASSURANCE COMPANY OF CANADA$92.4M290 plans · 1.0%

Top brokers in this industry

  1. 1MARSH & MCLENNAN AGENCY LLC$22.5M364 plans · 7.5%
  2. 2USI INSURANCE SERVICES LLC$17.7M298 plans · 5.9%
  3. 3LOCKTON COMPANIES, LLC$16.3M174 plans · 5.4%
  4. 4GALLAGHER BENEFIT SERVICES, INC.$14.2M255 plans · 4.7%
  5. 5HUB INTERNATIONAL MIDWEST LIMITED$12.4M230 plans · 4.1%
  6. 6BROWN & BROWN INSURANCE SERVICES$9.8M177 plans · 3.3%
  7. 7ALLIANT INSURANCE SERVICES, INC.$8.2M101 plans · 2.7%
  8. 8MCGRIFF INSURANCE SERVICES INC$7.1M120 plans · 2.4%
  9. 9ASSUREDPARTNERS$6.5M143 plans · 2.2%
  10. 10WILLIS TOWERS WATSON US LLC$6.4M92 plans · 2.1%
  11. 11MERCER HEALTH AND BENEFITS, LLC$5.0M47 plans · 1.7%
  12. 12DIGITAL INSURANCE LLC$4.8M106 plans · 1.6%
  13. 13ACRISURE LLC$3.9M74 plans · 1.3%
  14. 14AP BENEFIT ADVISORS, LLC$3.3M32 plans · 1.1%
  15. 15EDGEWOOD PARTNERS INSURANCE CENTER$2.9M46 plans · 1.0%

Multi-year totals

Largest plans in this industry

Sponsor / PlanStateFundingPremiumCoveredCarrier
CARPENTERS HEALTH AND WELFARE TRUST FUND FOR NORTHERN CALIFORNIA
CARPENTERS HEALTH AND WELFARE TRUST FUND FOR CALIFORNIA
CAMixed$332.4M43,415KAISER FOUNDATION HEALTH PLAN INC
WESTERN STATES CARPENTERS HEALTH AND WELFARE TRUST
WESTERN STATES CARPENTERS HEALTH AND WELFARE PLAN
CAMixed$218.6M100,010KAISER FOUNDATION HEALTH PLAN INC
BOARD OF TRUSTEES OF MID-AMERICA CARPENTERS REGIONAL COUNCIL HEALTH FU
MID-AMERICA CARPENTERS REGIONAL COUNCIL HEALTH FUN
ILMixed$205.3M34,891BLUE CROSS BLUE SHIELD OF ILLINOIS
BOARD OF TRUSTEES LABORERS HEALTH WELFARE TRUST FUND NORTHERN CAL.
LABORERS HEALTH AND WELFARE TRUST FUND FOR NORTHERN CALIFORNIA
CAMixed$167.9M25,883KAISER FOUNDATION HEALTH PLAN, INC.
BOARD OF TRUSTEES, LABORERS HEALTH & WEL TRUST FD FOR SOUTHERN CALIFOR
LABORERS HEALTH & WELFARE TRUST FUND FOR SOUTHERN CALIFORNIA
CAFully insured$141.7M25,392KAISER FOUNDATION HEALTH PLAN INC
BOARD OF TRUSTEES, SOUTHERN CALIFORNIA IBEW-NECA
SOUTHERN CALIFORNIA IBEW-NECA HEALTH TRUST FUND
CAFully insured$133.3M12,370KAISER FOUNDATION HEALTH PLAN, INC.
BOARD OF TRUSTEES IN/KY/OH RGNL COUNCIL OF CARPENTERS WELFARE FUND
IN/KY/OH RGNL COUNCIL OF CARPENTERS WELFARE FUND
MIMixed$126.8M38,653INDEPENDENCE ADMINISTRATORS
BOARD OF TRUSTEES, OPERATING ENGINEERS HEALTH
OPERATING ENGINEERS HEALTH AND WELFARE TRUST FUND
CAFully insured$116.2M49,497KAISER FOUNDATION HEALTH PLAN, INC.
BOARD OF TRUSTEES, OPERATING ENGINEERS HEALTH AND
OPERATING ENGINEERS HEALTH AND WELFARE FUND
CAMixed$110.6M10,451KAISER FOUNDATION HEALTH PLAN INC
DISTRICT COUNCIL 16 OF NORTHERN CALIFORNIA HEALTH AND WELFARE TRUST
DISTRICT COUNCIL 16 NORTHERN CALIFORNIA HEALTH & WELFARE TRUST FUND
CAMixed$76.6M11,092KAISER FOUNDATION HEALTH PLAN, INC.
BOARD OF TRUSTEES OF NORTHERN CALIFORNIA PIPE TRADES HEALTH & WEL
NORTHERN CALIFORNIA PIPE TRADES HEALTH AND WELFARE PLAN
CAFully insured$76.3M7,541BLUE SHIELD OF CALIFORNIA
BOARD OF TRUSTEES, HARRISON ELECTRICAL WORKERS TRUST
HARRISON ELECTRICAL WORKERS TRUST FUND
ORMixed$58.7M7,922PROVIDENCE HEALTH PLAN
BOARD OF TRUSTEES, SHEET METAL WORKERS' HEALTH PLAN
SHEET METAL WORKERS' HEALTH PLAN OF SOUTHERN CALIFORNIA, ARIZONA AND NEVADA
CAFully insured$55.1M18,510KAISER FOUNDATION HEALTH PLAN INC
JACOBS ENGINEERING GROUP INC.
EMPLOYEE GROUP INSURANCE PLAN - FULLY INSURED COMPONENTS
TXFully insured$51.7M46,341PRUDENTIAL INSURANCE COMPANY OF AMERICA
BOARD OF TRUSTEES, CALIFORNIA IRONWORKERS FIELD WELFARE PLAN
CALIFORNIA IRONWORKERS FIELD WELFARE PLAN
CAMixed$51.5M23,487KAISER FOUNDATION HEALTH PLAN, INC.
BOARD OF TRUSTEES TEXAS PIPE TRADES HEALTH BENEFIT PLAN
TEXAS PIPE TRADES HEALTH BENEFIT PLAN
TXMixed$51.0M4,612BLUE CROSS & BLUE SHIELD OF ILLINOIS
BOARD OF TRUSTEES, IBEW/NECA SOUND AND COMMUNICATIONS
IBEW/NECA SOUND AND COMMUNICATIONS HEALTH AND WELFARE PLAN
CAMixed$50.9M5,642KAISER FOUNDATION HEALTH PLANS, INC.
CUSHMAN & WAKEFIELD
CUSHMAN & WAKEFIELD U.S., INC. EMPLOYEE BENEFIT PLAN
ILFully insured$50.7M33,674CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES
MC DEAN INC
M.C. DEAN, INC. EMPLOYEE BENEFITS PLAN
VAFully insured$43.8M5,691CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES
BOARD OF TRUSTEES OF THE U.A. LOCAL NO. 393 HEALTH AND WELFARE TRUST
U.A. LOCAL NO. 393 HEALTH AND WELFARE PLAN
CAMixed$41.8M9,704KAISER FOUNDATION HEALTH PLAN INC

Prospect-flag prevalence

% of plans tripped, 2022
Self-funded no stop-loss4,31345.1%Carrier concentration2,71128.4%High broker comp %2,59527.1%Carrier switched8148.5%Premium-per-life outlier7067.4%Premium spike6757.1%Broker switched6687.0%
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