Physician practices in Florida
PlanOptica tracks 234 health and welfare plans sponsored by 202 physician practices in Florida, covering 113,513 participants and $466M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 185 participants, and the most common size is 100 to 249 participants (36% of plans). The funding mix is split: 47% of plans are self-funded or mixed and the rest are mainly fully insured.
Blue Cross Blue Shield of Florida leads by premium with a 23% share, followed by Cigna Health and Life Insurance Company and Affiliates at 17%. Marsh & McLennan Agency LLC is the broker of record on 19 plans, more than any other firm, ahead of Gallagher Benefit Services, Inc (18). 76% of plans report broker compensation on Schedule A; the median brokered plan pays $90K a year, about 7.7% of premium. Miami, Jacksonville and Tampa have the most plans.
Funding mix
- Fully insured119 · 51%
- Mixed57 · 24%
- Self-funded53 · 23%
- MEWA5 · 2%
Plan size (participants)
- Under 10063 · 27%
- 100 to 24984 · 36%
- 250 to 49943 · 18%
- 500 to 99918 · 8%
- 1,000 or more26 · 11%
Median plan: 185 participants. Median broker comp: 7.7% of premium across 179 brokered plans.
Top carriers, physicians, Florida
- 1Blue Cross Blue Shield of Florida$109M55 plans · 23.4%
- 2Cigna Health and Life Insurance Company and Affiliates$79M23 plans · 17.0%
- 3Unitedhealthcare Insurance Company$73M36 plans · 15.7%
- 4Health Options, Inc$37M35 plans · 7.8%
- 5Standard Insurance Company$18M22 plans · 4.0%
- 6Florida Blue$13M8 plans · 2.8%
- 7Unum Life Insurance Company of America$13M26 plans · 2.8%
- 8Metropolitan Life Insurance Company$12M22 plans · 2.6%
- 9Guardian$12M31 plans · 2.5%
- 10Sun Life Assurance Company of Canada$8.6M22 plans · 1.8%
Top brokers, physicians, Florida
- 1Marsh & McLennan Agency LLC19 plans$1.7M comp · 10.6%
- 2Gallagher Benefit Services, Inc18 plans$1.8M comp · 10.1%
- 3Usi Insurance Services LLC13 plans$1.0M comp · 7.3%
- 4Lockton Companies, LLC13 plans$1.0M comp · 7.3%
- 5Centro Benefits Research LLC13 plans$197K comp · 7.3%
- 6Gis Benefits Inc13 plans$142K comp · 7.3%
- 7Digital Insurance LLC12 plans$1.3M comp · 6.7%
- 8Hub International Midwest Limited12 plans$983K comp · 6.7%
- 9Brown & Brown Insurance Services10 plans$594K comp · 5.6%
- 10Acrisure LLC7 plans$530K comp · 3.9%
Largest physician practices in Florida
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Unified Women's Healthcare, LP Unified Physician Management Welfare Benefit PlanAll plans | Tampa | Fully insured | 10,595 | $13M | Metropolitan Life Insurance Company |
| Marion County Medical Society Inc. Insurance Trust Fund Marion County Medical Society, Inc. - Insurance Trust Fund Group Health, Ancillary and Worksite Benefits PlanAll plans | Ocala | MEWA | 5,388 | $47M | Blue Cross of California |
| Chenmed, LLC Chenmed Welfare PlanAll plans | Miami Gardens | Fully insured | 5,114 | $51M | Unitedhealthcare Insurance Company |
| PMG Services, Inc PMG Services, Inc. Employee Welfare Benefits PlanAll plans | Sunrise | Mixed | 4,675 | $8.8M | Unum Life Insurance Company of America |
| Florida Cancer Specialists & Research Institute, LLC Florida Cancer Specialists & Research Institute, LLCAll plans | Fort Myers | Mixed | 4,208 | $6.3M | Life Insurance Company of North America |
| Saltzman, Tanis, Pittell, Levin, & Jacobson, LLC Pediatric Associates, P.A. Welfare Benefit PlanAll plans | Plantation | Mixed | 4,094 | $3.4M | Metropolitan Life Insurance Company |
| Solaris Health Holdings LLC Ancillary Benefit Plan Solaris Health Holdings LLC Ancillary Benefit PlanAll plans | FT Lauderdale | Fully insured | 3,942 | $6.7M | Hartford Life and Accident |
| Millennium Physician Group, LLC Millennium Physician Group, LLC Group Benefits PlanAll plans | Fort Myers | Mixed | 3,691 | $1.9M | Symetra Life Insurance Company |
| Watson Clinic LLP Watson Clinic LLP 401(k) Profit Sharing PlanAll plans | Lakeland | Fully insured | 2,942 | - | The Lincoln National Life Insurance Company |
| Genesis Health Inc Brooks Health and Welfare Benefit PlanAll plans | Jacksonville | Mixed | 2,324 | $2.7M | The Guardian Life Insurance Company of America |
| American Oncology Network, Inc American Oncology Health and Welfare PlanAll plans | FT. Myers | Fully insured | 2,016 | $3.4M | Unum Life Insurance Company of America |
| Women's Care Enterprises, LLC Women's Care Enterprises, LLC Employee Welfare Benefit PlanAll plans | Tampa | Mixed | 1,849 | $2.9M | Standard Insurance Company |
| Guidewell Sanitas LLC Guidewell Sanitas LLC Welfare Benefit PlanAll plans | Doral | Fully insured | 1,795 | $23M | Upmc Health Options |
| Acorn Health Acorn Health and Welfare PlanAll plans | Coral Gables | Fully insured | 1,600 | $5.2M | Blue Cross of California |
| Aqua Dermatology Management, LLC Aqua Dermatology Management, LLC Welfare Benefit PlanAll plans | Palm Beach Gardens | Mixed | 1,579 | $1.6M | Unum Life Insurance Company of America |
Showing 15 of 202 employers. Filter the full list by size, funding, carrier and broker.
Plans by city in Florida
- Miami23 plans · 5,903 participants
- Jacksonville14 plans · 8,612 participants
- Tampa12 plans · 15,086 participants
- Orlando10 plans · 2,298 participants
- South Miami10 plans · 266 participants
- Bradenton9 plans · 3,517 participants
- Lakeland7 plans · 9,225 participants
- Fort Myers6 plans · 8,803 participants
- Coral Gables5 plans · 1,948 participants
- Sarasota5 plans · 1,762 participants
- West Palm Beach5 plans · 886 participants
- Tallahassee5 plans · 843 participants
Frequently asked questions
How many physician practices in Florida offer an ERISA health plan?
234 health and welfare plans from 202 physician practices in Florida appear in plan year 2024 to 2025 filings on Form 5500, covering 113,513 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 physician practices in Florida?
By Schedule A premium: Blue Cross Blue Shield of Florida (23% of premium, 55 plans), Cigna Health and Life Insurance Company and Affiliates (17% of premium, 23 plans) and Unitedhealthcare Insurance Company (16% of premium, 36 plans).
Which benefits brokers work with physician practices in Florida?
By number of client plans: Marsh & McLennan Agency LLC (19 plans), Gallagher Benefit Services, Inc (18 plans) and Usi Insurance Services LLC (13 plans). 76% of plans report a broker.
How much do brokers earn on physician practices health plans in Florida?
The median brokered plan reports $90K a year in broker commissions and fees, or 7.7% of premium. Figures come from Schedule A, Part I.
Are physician practices health plans in Florida self-funded or fully insured?
Fully insured 51%, mixed 24% and self-funded 23%. Self-funded and mixed plans together make up 47%.
Where does this data come from?
U.S. Department of Labor Form 5500 filings and their Schedule A insurance attachments, latest filing per plan. Offices of physicians (NAICS 621111) and of mental health physicians (621112).
Prospect physician practices in Florida
Open the welfare search with Florida and this sector prefilled. Narrow by participants, funding type, carrier, broker and broker compensation, then save the view or export it.
Physicians in nearby states
Other healthcare specialties in Florida
Source: U.S. Department of Labor Form 5500 and Schedule A, latest filing per plan (plan years 2024-2025). Offices of physicians (NAICS 621111) and of mental health physicians (621112). Location is the sponsor's filing address in Florida.