Physical and occupational therapy practices in Minnesota
PlanOptica tracks 2 health and welfare plans sponsored by 2 physical and occupational therapy practices in Minnesota, covering 108 participants and $1.5M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 54 participants, and the most common size is under 100 participants (100% of plans). The funding mix is split: 50% of plans are self-funded or mixed and the rest are mainly fully insured.
Medica Insurance Company dominates premium with a 94% share, followed by The Lincoln National Life Insurance Company at 6%. Usi Insurance Services LLC is the broker of record on 1 plan, more than any other firm, ahead of Flagship Insurance Services Inc (1). 100% of plans report broker compensation on Schedule A; the median brokered plan pays $19K a year, about 5.8% of premium. Minnetonka and Bloomington have the most plans.
Funding mix
- Fully insured1 · 50%
- Mixed1 · 50%
Plan size (participants)
- Under 1002 · 100%
- 100 to 2490 · 0%
- 250 to 4990 · 0%
- 500 to 9990 · 0%
- 1,000 or more0 · 0%
Median plan: 54 participants. Median broker comp: 5.8% of premium across 2 brokered plans.
Top carriers, physical therapy, Minnesota
Top brokers, physical therapy, Minnesota
Largest physical and occupational therapy practices in Minnesota
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Stubbe & Associates Stubbe & Associates, IncAll plans | Minnetonka | Fully insured | 86 | $81K | The Lincoln National Life Insurance Company |
| Network Therapy Services, LLC Network Therapy Services LLC Health and Welfare Benefit PlanAll plans | Bloomington | Mixed | 22 | $1.4M | Medica Insurance Company |
Plans by city in Minnesota
Frequently asked questions
How many physical and occupational therapy practices in Minnesota offer an ERISA health plan?
2 health and welfare plans from 2 physical and occupational therapy practices in Minnesota appear in plan year 2024 to 2025 filings on Form 5500, covering 108 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 Minnesota?
By Schedule A premium: Medica Insurance Company (94% of premium, 1 plan), The Lincoln National Life Insurance Company (6% of premium, 1 plan) and Metropolitan Life Insurance Company (0% of premium, 1 plan).
Which benefits brokers work with physical and occupational therapy practices in Minnesota?
By number of client plans: Usi Insurance Services LLC (1 plan) and Flagship Insurance Services Inc (1 plan). 100% of plans report a broker.
How much do brokers earn on physical and occupational therapy practices health plans in Minnesota?
The median brokered plan reports $19K a year in broker commissions and fees, or 5.8% of premium. Figures come from Schedule A, Part I.
Are physical and occupational therapy practices health plans in Minnesota self-funded or fully insured?
Fully insured 50% and mixed 50%. 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. 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 Minnesota
Open the welfare search with Minnesota 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 Minnesota
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 Minnesota.