Physical and occupational therapy practices in Indiana
PlanOptica tracks 17 health and welfare plans sponsored by 12 physical and occupational therapy practices in Indiana, covering 6,587 participants and $8.8M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 206 participants, and the most common size is under 100 participants (29% of plans). The funding mix is split: 53% of plans are self-funded or mixed and the rest are mainly fully insured.
Anthem Insurance Companies, Inc leads by premium with a 49% share, followed by HCC Life Insurance Company at 18%. NFP Corporate Services (TX) LLC is the broker of record on 5 plans, more than any other firm, ahead of Clippinger Financial Group (5). 82% of plans report broker compensation on Schedule A; the median brokered plan pays $21K a year, about 9.0% of premium. Evansville, Fort Wayne and Carmel have the most plans.
Funding mix
- Fully insured8 · 47%
- Mixed6 · 35%
- Self-funded3 · 18%
Plan size (participants)
- Under 1005 · 29%
- 100 to 2494 · 24%
- 250 to 4992 · 12%
- 500 to 9994 · 24%
- 1,000 or more2 · 12%
Median plan: 206 participants. Median broker comp: 9.0% of premium across 14 brokered plans.
Top carriers, physical therapy, Indiana
- 1Anthem Insurance Companies, Inc$4.3M3 plans · 49.1%
- 2HCC Life Insurance Company$1.6M2 plans · 18.5%
- 3The Guardian Life Insurance Company of America$1.2M3 plans · 14.2%
- 4Metropolitan Life Insurance Company$471K2 plans · 5.4%
- 5Delta Dental of Indiana$328K2 plans · 3.7%
- 6Hartford Life and Accident$319K3 plans · 3.6%
- 7Principal Life Insurance Company$123K2 plans · 1.4%
- 8Symetra Life Insurance Company$98K1 plans · 1.1%
- 9Unum Life Insurance Company of America$74K1 plans · 0.8%
- 10Unitedhealthcare Insurance Company$60K1 plans · 0.7%
Top brokers, physical therapy, Indiana
- 1NFP Corporate Services (TX) LLC5 plans$187K comp · 35.7%
- 2Clippinger Financial Group5 plans$43K comp · 35.7%
- 3Brown & Brown Insurance Servic2 plans$22K comp · 14.3%
- 4American Healthcare Group, Inc1 plans$118K comp · 7.1%
- 5Ja Benefits LLC1 plans$72K comp · 7.1%
- 6Enrollease1 plans$65K comp · 7.1%
- 7Stealth Partner Group LLC1 plans$57K comp · 7.1%
- 8Hylant Group, Inc1 plans$40K comp · 7.1%
- 9Clippenger Financial Group1 plans$17K comp · 7.1%
- 10Unified Group Services1 plans$10K comp · 7.1%
Largest physical and occupational therapy practices in Indiana
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Bierman Aba, Inc Bierman Aba, Inc. Ancillary Benefit PlanAll plans | Carmel | Mixed | 1,176 | $680K | The Guardian Life Insurance Company of America |
| Progressive Health Rehabilitation Progressive Health Rehabilitation LLC Group Dental PlanAll plans | Evansville | Fully insured | 1,045 | $380K | Delta Dental of California |
| Developmental Services Inc Developmental Services Inc Employee Benefits PlanAll plans | Columbus | Mixed | 659 | $1.5M | HCC Life Insurance Company |
| K1DS Count Therapy, LLC K1DS Count Therapy, LLC Employee Benefits PlanAll plans | Brownsburg | Fully insured | 324 | $2.9M | Anthem Life Insurance Company |
| Easter Seals Rehabilitation Center, Inc Easter Seals Rehabilitation Center, Inc. Wrap PlanAll plans | Evansville | Mixed | 206 | $154K | Symetra Life Insurance Company |
| Possibilities Northeast Possibilities NortheastAll plans | Fort Wayne | Fully insured | 151 | $48K | Principal Life Insurance Company |
| Crossroads Rehabilitation Center, Inc Crossroads Rehabilitation Center, Inc. Health and Welfare PlanAll plans | Indianapolis | Mixed | 117 | $927K | Anthem Life Insurance Company |
| Indiana Physical Therapy, Inc Indiana Physical Therapy Inc Employee Benefit PlanAll plans | Fort Wayne | Mixed | 116 | $2K | Companion Life Insurance Company |
| Repucare, Inc Repucare, Inc. Employee Benefit PlanAll plans | Indianapolis | Fully insured | 81 | $1.2M | Anthem Life Insurance Company |
| Theracare, Inc Theracare, Inc. Welfare Benefit PlanAll plans | Fishers | Mixed | 69 | $157K | Delta Dental of California |
| Carter Hearing Clinics Carter Hearing Clinics Cbin Benefit PlanAll plans | Fort Wayne | Self-funded | 0 | - | - |
| Hoosier Physical Therapy LLC Hoosier Physical Therapy LLC Cbin Benefit PlanAll plans | Fort Wayne | Self-funded | 0 | - | - |
Showing 12 of 12 employers. Filter the full list by size, funding, carrier and broker.
Plans by city in Indiana
Frequently asked questions
How many physical and occupational therapy practices in Indiana offer an ERISA health plan?
17 health and welfare plans from 12 physical and occupational therapy practices in Indiana appear in plan year 2024 to 2025 filings on Form 5500, covering 6,587 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 Indiana?
By Schedule A premium: Anthem Insurance Companies, Inc (49% of premium, 3 plans), HCC Life Insurance Company (18% of premium, 2 plans) and The Guardian Life Insurance Company of America (14% of premium, 3 plans).
Which benefits brokers work with physical and occupational therapy practices in Indiana?
By number of client plans: NFP Corporate Services (TX) LLC (5 plans), Clippinger Financial Group (5 plans) and Brown & Brown Insurance Servic (2 plans). 82% of plans report a broker.
How much do brokers earn on physical and occupational therapy practices health plans in Indiana?
The median brokered plan reports $21K a year in broker commissions and fees, or 9.0% of premium. Figures come from Schedule A, Part I.
Are physical and occupational therapy practices health plans in Indiana self-funded or fully insured?
Fully insured 47%, mixed 35% and self-funded 18%. Self-funded and mixed plans together make up 53%.
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 Indiana
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Physical therapy in nearby states
Other healthcare specialties in Indiana
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 Indiana.