Physical and occupational therapy practices in Rhode Island
PlanOptica tracks 2 health and welfare plans sponsored by 2 physical and occupational therapy practices in Rhode Island, covering 231 participants and $1.5M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 116 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.
Blue Cross Blue Shield of Rhode Island dominates premium with a 99% share, followed by United of Omaha Life Insurance Company at 1%. Usi Insurance Services is the broker of record on 1 plan, more than any other firm. 50% of plans report broker compensation on Schedule A; the median brokered plan pays $45K a year, about 2.9% of premium. Providence and North Kingstown have the most plans.
Funding mix
- Fully insured1 · 50%
- Self-funded1 · 50%
Plan size (participants)
- Under 1001 · 50%
- 100 to 2491 · 50%
- 250 to 4990 · 0%
- 500 to 9990 · 0%
- 1,000 or more0 · 0%
Median plan: 116 participants. Median broker comp: 2.9% of premium across 1 brokered plans.
Top carriers, physical therapy, Rhode Island
Top brokers, physical therapy, Rhode Island
Largest physical and occupational therapy practices in Rhode Island
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Silver Fern Practice L.L.C Highbar Wrap Benefit PlanAll plans | Providence | Fully insured | 206 | $1.5M | Blue Cross of California |
| Ricbt, Inc Ricbt Retirement PlanAll plans | North Kingstown | Self-funded | 25 | - | - |
Plans by city in Rhode Island
Frequently asked questions
How many physical and occupational therapy practices in Rhode Island offer an ERISA health plan?
2 health and welfare plans from 2 physical and occupational therapy practices in Rhode Island appear in plan year 2024 to 2025 filings on Form 5500, covering 231 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 Rhode Island?
By Schedule A premium: Blue Cross Blue Shield of Rhode Island (99% of premium, 1 plan) and United of Omaha Life Insurance Company (1% of premium, 1 plan).
Which benefits brokers work with physical and occupational therapy practices in Rhode Island?
By number of client plans: Usi Insurance Services (1 plan). 50% of plans report a broker.
How much do brokers earn on physical and occupational therapy practices health plans in Rhode Island?
The median brokered plan reports $45K a year in broker commissions and fees, or 2.9% of premium. Figures come from Schedule A, Part I.
Are physical and occupational therapy practices health plans in Rhode Island self-funded or fully insured?
Fully insured 50% and self-funded 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 Rhode Island
Open the welfare search with Rhode Island 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 Rhode Island
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 Rhode Island.