Physical and occupational therapy practices in Alabama
PlanOptica tracks 6 health and welfare plans sponsored by 6 physical and occupational therapy practices in Alabama, covering 8,270 participants and $9.1M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 531 participants, and the most common size is 500 to 999 participants (33% of plans). Most of these plans are self-funded or mixed (67%), so stop-loss and TPA relationships matter as much as the medical carrier.
Metropolitan Life Insurance Company dominates premium with a 70% share, followed by Unitedhealthcare Insurance Company at 11%. Cobbs, Allen and Hall, Inc is the broker of record on 2 plans, more than any other firm, ahead of Watchtower Benefits, LLC (1). 100% of plans report broker compensation on Schedule A; the median brokered plan pays $69K a year, about 12.0% of premium. Birmingham, Decatur and Pelham have the most plans.
Funding mix
- Mixed4 · 67%
- Fully insured2 · 33%
Plan size (participants)
- Under 1001 · 17%
- 100 to 2491 · 17%
- 250 to 4991 · 17%
- 500 to 9992 · 33%
- 1,000 or more1 · 17%
Median plan: 531 participants. Median broker comp: 12.0% of premium across 6 brokered plans.
Top carriers, physical therapy, Alabama
- 1Metropolitan Life Insurance Company$6.3M1 plans · 69.6%
- 2Unitedhealthcare Insurance Company$1.0M1 plans · 11.3%
- 3Lincoln National Life Insurance Company$545K1 plans · 6.0%
- 4Blue Cross and Blue Shield of Alabama$545K1 plans · 6.0%
- 5Principal Life Insurance Company$258K1 plans · 2.8%
- 6Delta Dental Insurance Company$238K2 plans · 2.6%
- 7United of Omaha Life Insurance Company$86K1 plans · 1.0%
- 8Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co$56K1 plans · 0.6%
- 9Reliance Standard Life Insurance Company$8K1 plans · 0.1%
- 10Symetra Life Insurance Company$01 plans · 0.0%
Top brokers, physical therapy, Alabama
- 1Cobbs, Allen and Hall, Inc2 plans$1.4M comp · 33.3%
- 2Watchtower Benefits, LLC1 plans$80K comp · 16.7%
- 3Sterling Seacrest Pritchard1 plans$72K comp · 16.7%
- 4Apex Benefits Group, Inc1 plans$52K comp · 16.7%
- 5Patriot Growth Insurance Services1 plans$41K comp · 16.7%
- 6Cahaba Benefits Group LLC1 plans$24K comp · 16.7%
- 7Coastal Workplace Benefits, LLC1 plans$17K comp · 16.7%
- 8Acrisure LLC1 plans$12K comp · 16.7%
- 9Sterling Seacrest Partners, Inc1 plans$702 comp · 16.7%
- 10Lockton Companies, LLC1 plans$64 comp · 16.7%
Largest physical and occupational therapy practices in Alabama
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Upstream Newco, Inc Upstream Newco, Inc. Employee Benefits PlanAll plans | Birmingham | Mixed | 6,218 | $6.3M | Metropolitan Life Insurance Company |
| Therapy South LLC Therapy South LLC Employee Benefits PlanAll plans | Birmingham | Mixed | 740 | $496K | Principal Life Insurance Company |
| Encore Rehabilitation, Inc. Health and Welfare Plan Encore Rehabilitation, Inc. Health and Welfare PlanAll plans | Decatur | Mixed | 614 | - | Symetra Life Insurance Company |
| Restore Therapy Services, Ltd Restore Therapy Services Ltd Flexible Benefit PlanAll plans | Pelham | Mixed | 447 | $609K | The Lincoln National Life Insurance Company |
| Cicero Therapies Cicero Therapies Welfare Benefit PlanAll plans | Birmingham | Fully insured | 181 | $1.0M | Unitedhealthcare Insurance Company |
| Healthactions PA Healthactions Employee Benefits Welfare PlanAll plans | Jackson | Fully insured | 70 | $631K | Blue Cross of California |
Plans by city in Alabama
Frequently asked questions
How many physical and occupational therapy practices in Alabama offer an ERISA health plan?
6 health and welfare plans from 6 physical and occupational therapy practices in Alabama appear in plan year 2024 to 2025 filings on Form 5500, covering 8,270 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 physical and occupational therapy practices in Alabama?
By Schedule A premium: Metropolitan Life Insurance Company (70% of premium, 1 plan), Unitedhealthcare Insurance Company (11% of premium, 1 plan) and Lincoln National Life Insurance Company (6% of premium, 1 plan).
Which benefits brokers work with physical and occupational therapy practices in Alabama?
By number of client plans: Cobbs, Allen and Hall, Inc (2 plans), Watchtower Benefits, LLC (1 plan) and Sterling Seacrest Pritchard (1 plan). 100% of plans report a broker.
How much do brokers earn on physical and occupational therapy practices health plans in Alabama?
The median brokered plan reports $69K a year in broker commissions and fees, or 12.0% of premium. Figures come from Schedule A, Part I.
Are physical and occupational therapy practices health plans in Alabama self-funded or fully insured?
Mixed 67% and fully insured 33%. Self-funded and mixed plans together make up 67%.
Where does this data come from?
U.S. Department of Labor Form 5500 filings and their Schedule A insurance attachments, latest filing per plan. Physical, occupational and speech therapists and audiologists (NAICS 621340), plus healthcare employers whose name says physical or occupational therapy.
Prospect physical and occupational therapy practices in Alabama
Open the welfare search with Alabama and this sector prefilled. Narrow by participants, funding type, carrier, broker and broker compensation, then save the view or export it.
Physical therapy in nearby states
Other healthcare specialties in Alabama
Source: U.S. Department of Labor Form 5500 and Schedule A, latest filing per plan (plan years 2024-2025). Physical, occupational and speech therapists and audiologists (NAICS 621340), plus healthcare employers whose name says physical or occupational therapy. Location is the sponsor's filing address in Alabama.