Physician practices in Maryland
PlanOptica tracks 43 health and welfare plans sponsored by 39 physician practices in Maryland, covering 14,535 participants and $56M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 135 participants, and the most common size is under 100 participants (35% of plans). The funding mix is split: 51% of plans are self-funded or mixed and the rest are mainly fully insured.
Group Hospitalization Medical Services, Inc leads by premium with a 23% share, followed by Carefirst of Maryland, Inc at 23%. The Hilb Group of Maryland LLC is the broker of record on 6 plans, more than any other firm, ahead of Marsh & McLennan Agency LLC (5). 74% of plans report broker compensation on Schedule A; the median brokered plan pays $97K a year, about 8.8% of premium. Baltimore, Rockville and Hagerstown have the most plans.
Funding mix
- Fully insured19 · 44%
- Self-funded11 · 26%
- Mixed11 · 26%
- MEWA2 · 5%
Plan size (participants)
- Under 10015 · 35%
- 100 to 24912 · 28%
- 250 to 4998 · 19%
- 500 to 9994 · 9%
- 1,000 or more4 · 9%
Median plan: 135 participants. Median broker comp: 8.8% of premium across 32 brokered plans.
Top carriers, physicians, Maryland
- 1Group Hospitalization Medical Services, Inc$13M4 plans · 23.4%
- 2Carefirst of Maryland, Inc$13M9 plans · 23.1%
- 3Cigna Health and Life Insurance Company$6.1M7 plans · 10.9%
- 4Lincoln National Life Insurance Company$3.5M7 plans · 6.3%
- 5Reliance Matrix$3.2M3 plans · 5.8%
- 6Unum Life Insurance Company of America$2.9M4 plans · 5.2%
- 7Hartford Life and Accident$2.8M5 plans · 5.0%
- 8Metropolitan Life Insurance Company$1.9M7 plans · 3.3%
- 9United of Omaha Life Insurance Company$1.7M5 plans · 3.0%
- 10Transamerica Life Insurance Company$1.6M1 plans · 2.9%
Top brokers, physicians, Maryland
- 1The Hilb Group of Maryland LLC6 plans$182K comp · 18.8%
- 2Marsh & McLennan Agency LLC5 plans$376K comp · 15.6%
- 3Kelly & Associates Insurance Group5 plans$178K comp · 15.6%
- 4Gallagher Benefit Services, Inc4 plans$635K comp · 12.5%
- 5Centerstone Insurance and Fina4 plans$9K comp · 12.5%
- 6Cbiz Benefits & Insurance Services3 plans$349K comp · 9.4%
- 7Ap Benefit Advisors LLC3 plans$174K comp · 9.4%
- 8Brown & Brown Insurance Svcs., Inc3 plans$81K comp · 9.4%
- 9Tribridge Partners, LLC2 plans$341K comp · 6.3%
- 10Lockton Companies, LLC2 plans$210K comp · 6.3%
Largest physician practices in Maryland
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| US Fertility, LLC US Fertility, LLCAll plans | Rockville | Fully insured | 2,645 | $6.9M | Blue Cross of California |
| The Centers for Advanced Orthopaedics The Centers for Advanced Orthopaedics Welfare Benefit PlanAll plans | Bethesda | Mixed | 1,680 | $2.3M | Transamerica Life Insurance Company |
| University of Maryland Faculty Physicians, Inc Group Welfare Plan of University of Maryland Faculty Physicians, IncAll plans | Baltimore | Mixed | 1,499 | $2.8M | Unum Life Insurance Company of America |
| CVR Management, LLC Center for Vein Restoration Health and Welfare PlanAll plans | Greenbelt | Fully insured | 780 | $6.7M | Group Hospitalization Medical Services, Inc |
| Pain Management Solutions, LLC Pain Management Solutions Welfare Benefit PlanAll plans | Annapolis | Fully insured | 680 | $734K | The Lincoln National Life Insurance Company |
| Capital Digestive Care, LLC Capital Digestive Care, LLC Health & Welfare PlanAll plans | Silver Spring | Fully insured | 563 | $5.8M | Group Hospitalization Medical Services, Inc |
| Aligned Orthopedic Partners Aligned Orthopedic Partners Health and Welfare PlanAll plans | Bethesda | Mixed | 441 | $621K | Principal Life Insurance Company |
| Absolutecare Manager LLC Absolutecare Health and Welfare PlanAll plans | Columbia | Mixed | 421 | $431K | Hartford Life and Accident |
| Maryland Primary Care Physicians, LLC Maryland Primary Care Physicians, LLC Section 125 PlanAll plans | Hanover | Mixed | 371 | $807K | Unum Life Insurance Company of America |
| US Health Management Partners LLC US Health Management Partners, LLC Health and Welfare PlanAll plans | Rockville | Fully insured | 347 | $1.9M | Cigna Health and Life Insurance Company |
| Choptank Community Health System Inc Choptank Community Health System Inc Welfare Benefit PlanAll plans | Denton | Mixed | 313 | $421K | United Concordia Insurance Company |
| Arthritis & Rheumatism Associates, PC Arthritis and Rheumatism Associates, PC Welfare Benefit PlanAll plans | Wheaton | Fully insured | 255 | $2.9M | Cigna Health and Life Insurance Company |
| Consonant Healing LLC Consonant Healing LLCAll plans | Sparks | Fully insured | 255 | $1.2M | Cigna Health and Life Insurance Company |
| Adfinitas Management, LLC Adfinitas Health Welfare Benefit PlanAll plans | Hanover | Mixed | 252 | $3.3M | Blue Cross of California |
| Consonant Healing Medical Associ Consonant Healing Medical Assoc Health & Welfare PlanAll plans | Sparks | Fully insured | 213 | $1.1M | Cigna Health and Life Insurance Company |
Showing 15 of 39 employers. Filter the full list by size, funding, carrier and broker.
Plans by city in Maryland
- Baltimore6 plans · 3,847 participants
- Rockville5 plans · 3,122 participants
- Hagerstown3 plans · 130 participants
- Bethesda2 plans · 2,121 participants
- Greenbelt2 plans · 862 participants
- Annapolis2 plans · 815 participants
- Hanover2 plans · 623 participants
- Silver Spring2 plans · 569 participants
- Sparks2 plans · 468 participants
- Frederick2 plans · 382 participants
- Wheaton2 plans · 263 participants
- Owings Mills2 plans · 0 participants
Frequently asked questions
How many physician practices in Maryland offer an ERISA health plan?
43 health and welfare plans from 39 physician practices in Maryland appear in plan year 2024 to 2025 filings on Form 5500, covering 14,535 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 Maryland?
By Schedule A premium: Group Hospitalization Medical Services, Inc (23% of premium, 4 plans), Carefirst of Maryland, Inc (23% of premium, 9 plans) and Cigna Health and Life Insurance Company (11% of premium, 7 plans).
Which benefits brokers work with physician practices in Maryland?
By number of client plans: The Hilb Group of Maryland LLC (6 plans), Marsh & McLennan Agency LLC (5 plans) and Kelly & Associates Insurance Group (5 plans). 74% of plans report a broker.
How much do brokers earn on physician practices health plans in Maryland?
The median brokered plan reports $97K a year in broker commissions and fees, or 8.8% of premium. Figures come from Schedule A, Part I.
Are physician practices health plans in Maryland self-funded or fully insured?
Fully insured 44%, self-funded 26% and mixed 26%. Self-funded and mixed plans together make up 51%.
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 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.
Physicians 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 2024-2025). Offices of physicians (NAICS 621111) and of mental health physicians (621112). Location is the sponsor's filing address in Maryland.