Optometry practices in Arizona
PlanOptica tracks 5 health and welfare plans sponsored by 4 optometry practices in Arizona, covering 683 participants and $2.9M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 144 participants, and the most common size is 100 to 249 participants (80% of plans). Fully insured coverage is the norm (60% of plans); only 20% are self-funded or mixed.
Cigna Health and Life Insurance Company leads by premium with a 46% share, followed by Unitedhealthcare Insurance Company at 29%. Benefit Commerce Grp an Alera Grp is the broker of record on 3 plans, more than any other firm, ahead of Benefit Commerce Group (2). 80% of plans report broker compensation on Schedule A; the median brokered plan pays $70K a year, about 8.6% of premium. Phoenix, Tucson and Sedona have the most plans.
Funding mix
- Fully insured3 · 60%
- Self-funded1 · 20%
- MEWA1 · 20%
Plan size (participants)
- Under 1001 · 20%
- 100 to 2494 · 80%
- 250 to 4990 · 0%
- 500 to 9990 · 0%
- 1,000 or more0 · 0%
Median plan: 144 participants. Median broker comp: 8.6% of premium across 4 brokered plans.
Top carriers, optometry, Arizona
- 1Cigna Health and Life Insurance Company$1.3M2 plans · 46.0%
- 2Unitedhealthcare Insurance Company$832K1 plans · 28.8%
- 3Banner Health and Aetna Health$276K1 plans · 9.6%
- 4Delta Dental of Arizona$243K3 plans · 8.4%
- 5Sun Life Assurance Company of Canada$64K1 plans · 2.2%
- 6United of Omaha Life Insurance Company$59K2 plans · 2.0%
- 7Principal Life Insurance Company$38K1 plans · 1.3%
- 8Metropolitan Life Insurance Company$22K1 plans · 0.8%
- 9Humana$21K1 plans · 0.7%
- 10Reliance Matrix$5K1 plans · 0.2%
Top brokers, optometry, Arizona
- 1Benefit Commerce Grp an Alera Grp3 plans$224K comp · 75.0%
- 2Benefit Commerce Group2 plans$10K comp · 50.0%
- 3A Firm Foundations Inc1 plans$15K comp · 25.0%
- 4Amwins Connect Insurance Services1 plans$2K comp · 25.0%
- 5Leed & Leed Inc1 plans$883 comp · 25.0%
- 6Dale Penne1 plans$331 comp · 25.0%
- 7Mgis1 plans$165 comp · 25.0%
Largest optometry practices in Arizona
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Lumina Management Services, LLC Lumina Management Company Employee Benefits PlanAll plans | Phoenix | Fully insured | 218 | $738K | Cigna Health and Life Insurance Company |
| Millennium Vision, Inc Millennium Vision, Inc. Health & Benefits Welfare PlanAll plans | Phoenix | Fully insured | 144 | $959K | Unitedhealthcare Insurance Company |
| Sean McCafferty, MD, PC Arizona Eye Consultants Welfare Benefit PlanAll plans | Tucson | Fully insured | 101 | $366K | Aetna Life Insurance Company |
| Eye Boutique of Sedona, PLLC Eye Boutique of Sedona PLLC Employee Group Health PlanAll plans | Sedona | Self-funded | 3 | - | - |
Showing 4 of 4 employers. Filter the full list by size, funding, carrier and broker.
Plans by city in Arizona
Frequently asked questions
How many optometry practices in Arizona offer an ERISA health plan?
5 health and welfare plans from 4 optometry practices in Arizona appear in plan year 2024 to 2025 filings on Form 5500, covering 683 participants. Plans with fewer than 100 participants that are fully insured do not have to file, so small practices are under-counted.
Which insurance carriers cover the most optometry practices in Arizona?
By Schedule A premium: Cigna Health and Life Insurance Company (46% of premium, 2 plans), Unitedhealthcare Insurance Company (29% of premium, 1 plan) and Banner Health and Aetna Health (10% of premium, 1 plan).
Which benefits brokers work with optometry practices in Arizona?
By number of client plans: Benefit Commerce Grp an Alera Grp (3 plans), Benefit Commerce Group (2 plans) and A Firm Foundations Inc (1 plan). 80% of plans report a broker.
How much do brokers earn on optometry practices health plans in Arizona?
The median brokered plan reports $70K a year in broker commissions and fees, or 8.6% of premium. Figures come from Schedule A, Part I.
Are optometry practices health plans in Arizona self-funded or fully insured?
Fully insured 60%, self-funded 20% and MEWA 20%. Self-funded and mixed plans together make up 20%.
Where does this data come from?
U.S. Department of Labor Form 5500 filings and their Schedule A insurance attachments, latest filing per plan. Offices of optometrists (NAICS 621320), plus healthcare employers whose name says optometry, eye care or vision center.
Prospect optometry practices in Arizona
Open the welfare search with Arizona and this sector prefilled. Narrow by participants, funding type, carrier, broker and broker compensation, then save the view or export it.
Optometry in nearby states
Other healthcare specialties in Arizona
Source: U.S. Department of Labor Form 5500 and Schedule A, latest filing per plan (plan years 2024-2025). Offices of optometrists (NAICS 621320), plus healthcare employers whose name says optometry, eye care or vision center. Location is the sponsor's filing address in Arizona.