Health and welfare plans · Virginia

Physical and occupational therapy practices in Virginia

PlanOptica tracks 2 health and welfare plans sponsored by 2 physical and occupational therapy practices in Virginia, covering 24 participants and $99K in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 12 participants, and the most common size is under 100 participants (100% of plans). Most of these plans are self-funded or mixed (100%), so stop-loss and TPA relationships matter as much as the medical carrier.

Gravie Administrative Services LLC dominates premium with a 92% share, followed by Sun Life Assurance Company of Canada at 8%. Decisely Insurance Services Inc is the broker of record on 2 plans, more than any other firm, ahead of Mgis (1). 100% of plans report broker compensation on Schedule A; the median brokered plan pays $5K a year, about 10.6% of premium. Virginia Beach and Gainesville have the most plans.

2
Employer health plans
24
Participants
$5K
Median broker comp
100%
Self-funded or mixed

Funding mix

  • Self-funded
    1 · 50%
  • Mixed
    1 · 50%

Plan size (participants)

  • Under 100
    2 · 100%
  • 100 to 249
    0 · 0%
  • 250 to 499
    0 · 0%
  • 500 to 999
    0 · 0%
  • 1,000 or more
    0 · 0%

Median plan: 12 participants. Median broker comp: 10.6% of premium across 2 brokered plans.

Largest physical and occupational therapy practices in Virginia

by participants
Employer / planCityFundingParticipantsPremiumPrimary carrier
Direct Performance Physical Therapy
Direct Performance Physical Therapy Welfare Benefits PlanAll plans
Virginia BeachSelf-funded14$51KGravie Administrative Services LLC
Results Physical Therapy
Results Physical Therapy Welfare Benefits PlanAll plans
GainesvilleMixed10$48KGravie Administrative Services LLC

Plans by city in Virginia

Frequently asked questions

How many physical and occupational therapy practices in Virginia offer an ERISA health plan?

2 health and welfare plans from 2 physical and occupational therapy practices in Virginia appear in plan year 2024 to 2025 filings on Form 5500, covering 24 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 Virginia?

By Schedule A premium: Gravie Administrative Services LLC (92% of premium, 2 plans) and Sun Life Assurance Company of Canada (8% of premium, 1 plan).

Which benefits brokers work with physical and occupational therapy practices in Virginia?

By number of client plans: Decisely Insurance Services Inc (2 plans) and Mgis (1 plan). 100% of plans report a broker.

How much do brokers earn on physical and occupational therapy practices health plans in Virginia?

The median brokered plan reports $5K a year in broker commissions and fees, or 10.6% of premium. Figures come from Schedule A, Part I.

Are physical and occupational therapy practices health plans in Virginia self-funded or fully insured?

Self-funded 50% and mixed 50%. Self-funded and mixed plans together make up 100%.

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 Virginia

Open the welfare search with Virginia 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 Virginia

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 Virginia.