Physical and occupational therapy practices in Maryland
PlanOptica tracks 3 health and welfare plans sponsored by 3 physical and occupational therapy practices in Maryland, covering 861 participants and $522K in reported insurance premiums (plan year 2025 filings). The median plan has 159 participants, and the most common size is 100 to 249 participants (67% of plans). The funding mix is split: 33% of plans are self-funded or mixed and the rest are mainly fully insured.
The Lincoln National Life Insurance Company leads by premium with a 35% share, followed by Carefirst of Maryland, Inc at 29%. The Hilb Group of Maryland LLC is the broker of record on 1 plan, more than any other firm, ahead of Ap Benefit Advisors, LLC (1). 100% of plans report broker compensation on Schedule A; the median brokered plan pays $9K a year, about 11.8% of premium. Glen Burnie, Baltimore and Salisbury have the most plans.
Funding mix
- Fully insured2 · 67%
- Mixed1 · 33%
Plan size (participants)
- Under 1000 · 0%
- 100 to 2492 · 67%
- 250 to 4990 · 0%
- 500 to 9991 · 33%
- 1,000 or more0 · 0%
Median plan: 159 participants. Median broker comp: 11.8% of premium across 3 brokered plans.
Top carriers, physical therapy, Maryland
- 1The Lincoln National Life Insurance Company$184K1 plans · 35.2%
- 2Carefirst of Maryland, Inc$151K1 plans · 29.0%
- 3Cigna Health and Life Insurance Company and Affiliates$84K1 plans · 16.1%
- 4Unum Life Insurance Company of America$39K1 plans · 7.4%
- 5Hartford Life and Accident$37K1 plans · 7.1%
- 6Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co$27K1 plans · 5.2%
Top brokers, physical therapy, Maryland
- 1The Hilb Group of Maryland LLC1 plans$26K comp · 33.3%
- 2Ap Benefit Advisors, LLC1 plans$20K comp · 33.3%
- 3Gallagher Benefit Services, Inc1 plans$7K comp · 33.3%
- 4Columbia Group1 plans$5K comp · 33.3%
- 5Kelly & Associates Insurance1 plans$2K comp · 33.3%
- 6Marsh & McLennan Agency LLC1 plans$983 comp · 33.3%
Largest physical and occupational therapy practices in Maryland
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Apt Management, LLC Apt Management Welfare PlanAll plans | Glen Burnie | Mixed | 598 | $399K | Blue Cross of California |
| The Therapy Spot, LLC The Therapy Spot, LLCAll plans | Baltimore | Fully insured | 159 | $84K | Cigna Health and Life Insurance Company |
| Excellens Aquacare Physical Therapy, LLC Excellens Aquacare Physical Therapy LLCAll plans | Salisbury | Fully insured | 104 | $39K | Unum Life Insurance Company of America |
Plans by city in Maryland
Frequently asked questions
How many physical and occupational therapy practices in Maryland offer an ERISA health plan?
3 health and welfare plans from 3 physical and occupational therapy practices in Maryland appear in plan year 2025 filings on Form 5500, covering 861 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 Maryland?
By Schedule A premium: The Lincoln National Life Insurance Company (35% of premium, 1 plan), Carefirst of Maryland, Inc (29% of premium, 1 plan) and Cigna Health and Life Insurance Company and Affiliates (16% of premium, 1 plan).
Which benefits brokers work with physical and occupational therapy practices in Maryland?
By number of client plans: The Hilb Group of Maryland LLC (1 plan), Ap Benefit Advisors, LLC (1 plan) and Gallagher Benefit Services, Inc (1 plan). 100% of plans report a broker.
How much do brokers earn on physical and occupational therapy practices health plans in Maryland?
The median brokered plan reports $9K a year in broker commissions and fees, or 11.8% of premium. Figures come from Schedule A, Part I.
Are physical and occupational therapy practices health plans in Maryland self-funded or fully insured?
Fully insured 67% and mixed 33%. Self-funded and mixed plans together make up 33%.
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 Maryland
Open the welfare search with Maryland 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 Maryland
Source: U.S. Department of Labor Form 5500 and Schedule A, latest filing per plan (plan years 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 Maryland.