Health and welfare plans · Illinois

Orthopedic practices and surgery centers in Illinois

PlanOptica tracks 4 health and welfare plans sponsored by 4 orthopedic practices and surgery centers in Illinois, covering 505 participants and $5.0M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 101 participants, and the most common size is under 100 participants (50% of plans). The funding mix is split: 50% of plans are self-funded or mixed and the rest are mainly fully insured.

Bluecross Blueshield of Illinois dominates premium with a 84% share, followed by The Lincoln National Life Insurance Company at 5%. Marsh & McLennan Agency LLC is the broker of record on 1 plan, more than any other firm, ahead of Associated Agencies, Inc (1). 75% of plans report broker compensation on Schedule A; the median brokered plan pays $134K a year, about 7.6% of premium. Geneva, Rosemont and Moline have the most plans.

4
Employer health plans
505
Participants
$134K
Median broker comp
50%
Self-funded or mixed

Funding mix

  • Fully insured
    2 · 50%
  • Self-funded
    1 · 25%
  • Mixed
    1 · 25%

Plan size (participants)

  • Under 100
    2 · 50%
  • 100 to 249
    1 · 25%
  • 250 to 499
    1 · 25%
  • 500 to 999
    0 · 0%
  • 1,000 or more
    0 · 0%

Median plan: 101 participants. Median broker comp: 7.6% of premium across 3 brokered plans.

Largest orthopedic practices and surgery centers in Illinois

by participants
Employer / planCityFundingParticipantsPremiumPrimary carrier
Fox Valley Orthopaedic Associates, S.C
Fox Valley Orthopaedic Associates, S.C. Welfare Benefit PlanAll plans
GenevaFully insured304$3.1MBlue Cross of California
American Academy of Orthopaedic Surgeons
American Academy of Orthopaedic Surgeons Welfare Beneft PlanAll plans
RosemontMixed199$170KUnum Life Insurance Company of America
Purighalla Neuroscience & Spine Institue, LLC
Cresp Plan for Purighalla Neuroscience & Spine Institute, LLCAll plans
MolineSelf-funded2--
Barrington Orthopedic Specialists, Ltd
Barrington Orthopedic Specialists, Ltd Welfare Benefit PlanAll plans
SchaumburgFully insured0$1.8MBlue Cross of California

Plans by city in Illinois

Frequently asked questions

How many orthopedic practices and surgery centers in Illinois offer an ERISA health plan?

4 health and welfare plans from 4 orthopedic practices and surgery centers in Illinois appear in plan year 2024 to 2025 filings on Form 5500, covering 505 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 orthopedic practices and surgery centers in Illinois?

By Schedule A premium: Bluecross Blueshield of Illinois (84% of premium, 2 plans), The Lincoln National Life Insurance Company (5% of premium, 1 plan) and Dearborn Life Insurance Company (4% of premium, 1 plan).

Which benefits brokers work with orthopedic practices and surgery centers in Illinois?

By number of client plans: Marsh & McLennan Agency LLC (1 plan), Associated Agencies, Inc (1 plan) and The Horton Group Inc (1 plan). 75% of plans report a broker.

How much do brokers earn on orthopedic practices and surgery centers health plans in Illinois?

The median brokered plan reports $134K a year in broker commissions and fees, or 7.6% of premium. Figures come from Schedule A, Part I.

Are orthopedic practices and surgery centers health plans in Illinois self-funded or fully insured?

Fully insured 50%, self-funded 25% and mixed 25%. Self-funded and mixed plans together make up 50%.

Where does this data come from?

U.S. Department of Labor Form 5500 filings and their Schedule A insurance attachments, latest filing per plan. Freestanding ambulatory surgical and emergency centers (NAICS 621493), plus healthcare employers whose name says orthopedics, spine, sports medicine, surgery center or endoscopy.

Prospect orthopedic practices and surgery centers in Illinois

Open the welfare search with Illinois and this sector prefilled. Narrow by participants, funding type, carrier, broker and broker compensation, then save the view or export it.

Orthopedics and surgery centers in nearby states

Other healthcare specialties in Illinois

Source: U.S. Department of Labor Form 5500 and Schedule A, latest filing per plan (plan years 2024-2025). Freestanding ambulatory surgical and emergency centers (NAICS 621493), plus healthcare employers whose name says orthopedics, spine, sports medicine, surgery center or endoscopy. Location is the sponsor's filing address in Illinois.