Physician practices in Montana
PlanOptica tracks 7 health and welfare plans sponsored by 5 physician practices in Montana, covering 1,141 participants and $4.1M in reported insurance premiums (plan year 2025 filings). The median plan has 145 participants, and the most common size is 100 to 249 participants (71% of plans). The funding mix is split: 57% of plans are self-funded or mixed and the rest are mainly fully insured.
Bluecross Blueshield of Montana dominates premium with a 77% share, followed by United of Omaha Life Insurance Company at 8%. Marsh & McLennan Agency LLC is the broker of record on 2 plans, more than any other firm, ahead of Alliant Insurance Services Inc (1). 57% of plans report broker compensation on Schedule A; the median brokered plan pays $21K a year, about 6.7% of premium. Butte, Billings and Missoula have the most plans.
Funding mix
- Fully insured3 · 43%
- Self-funded2 · 29%
- Mixed2 · 29%
Plan size (participants)
- Under 1001 · 14%
- 100 to 2495 · 71%
- 250 to 4991 · 14%
- 500 to 9990 · 0%
- 1,000 or more0 · 0%
Median plan: 145 participants. Median broker comp: 6.7% of premium across 4 brokered plans.
Top carriers, physicians, Montana
- 1Bluecross Blueshield of Montana$3.2M1 plans · 76.9%
- 2United of Omaha Life Insurance Company$329K2 plans · 8.0%
- 3Unum Life Insurance Company of America$314K1 plans · 7.6%
- 4Self Funded Community Counseling & Correctional Services Inc$102K1 plans · 2.5%
- 5The Guardian Life Insurance Company of America$101K1 plans · 2.5%
- 6Equitable Financial Life Insurance Company of America$67K1 plans · 1.6%
- 7Continental American Insurance Company$28K1 plans · 0.7%
- 8Vision Service Plan$10K1 plans · 0.2%
Top brokers, physicians, Montana
- 1Marsh & McLennan Agency LLC2 plans$34K comp · 50.0%
- 2Alliant Insurance Services Inc1 plans$80K comp · 25.0%
- 3Leavitt Group1 plans$14K comp · 25.0%
- 4Tami LYNN Good1 plans$4K comp · 25.0%
- 5Unknown1 plans$2K comp · 25.0%
- 6Holly Kristine Hall1 plans$2K comp · 25.0%
- 7Vernon Lindstrand1 plans$608 comp · 25.0%
- 8Jacqueline Suzanne Millam1 plans$300 comp · 25.0%
- 9Jose Cruz Blanco1 plans$73 comp · 25.0%
Largest physician practices in Montana
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Community Counseling & Correctional Services, Inc Community Counseling & Correctional Services, Inc. Welfare Benefit PlanAll plans | Butte | Fully insured | 363 | $3.3M | Blue Cross of California |
| Missoula Bone & Joint, LLC Missoula Bone & Joint, LLC Group Benefit PlanAll plans | Missoula | Mixed | 171 | $276K | United of Omaha Life Insurance Company |
| Bridger Orthopedics and Sports Medicine, P.C Bridger Orthopedics and Sports Medicine, P.C. Welfare Benefit PlanAll plans | Bozeman | Mixed | 145 | $95K | Equitable Financial Life Insurance Company of America |
| Ortho Montana, PSC Ortho Montana Employee Life/Ad&D and Disability PlanAll plans | Billings | Fully insured | 117 | $314K | Unum Life Insurance Company of America |
| Big SKY Integrative Health, PC Big SKY Integrative Health Medical PlanAll plans | Belgrade | Self-funded | 10 | - | - |
Showing 5 of 5 employers. Filter the full list by size, funding, carrier and broker.
Plans by city in Montana
Frequently asked questions
How many physician practices in Montana offer an ERISA health plan?
7 health and welfare plans from 5 physician practices in Montana appear in plan year 2025 filings on Form 5500, covering 1,141 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 Montana?
By Schedule A premium: Bluecross Blueshield of Montana (77% of premium, 1 plan), United of Omaha Life Insurance Company (8% of premium, 2 plans) and Unum Life Insurance Company of America (8% of premium, 1 plan).
Which benefits brokers work with physician practices in Montana?
By number of client plans: Marsh & McLennan Agency LLC (2 plans), Alliant Insurance Services Inc (1 plan) and Leavitt Group (1 plan). 57% of plans report a broker.
How much do brokers earn on physician practices health plans in Montana?
The median brokered plan reports $21K a year in broker commissions and fees, or 6.7% of premium. Figures come from Schedule A, Part I.
Are physician practices health plans in Montana self-funded or fully insured?
Fully insured 43%, self-funded 29% and mixed 29%. Self-funded and mixed plans together make up 57%.
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 Montana
Open the welfare search with Montana 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 Montana
Source: U.S. Department of Labor Form 5500 and Schedule A, latest filing per plan (plan years 2025). Offices of physicians (NAICS 621111) and of mental health physicians (621112). Location is the sponsor's filing address in Montana.