Physician practices in South Dakota
PlanOptica tracks 13 health and welfare plans sponsored by 10 physician practices in South Dakota, covering 2,244 participants and $18M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 222 participants, and the most common size is 100 to 249 participants (46% of plans). The funding mix is split: 38% of plans are self-funded or mixed and the rest are mainly fully insured.
Wellmark Blue Cross Blue Shield of South Dakota dominates premium with a 79% share, followed by Delta Dental of South Dakota at 8%. Marsh & McLennan Agency LLC is the broker of record on 6 plans, more than any other firm, ahead of North Risk Partners (2). 85% of plans report broker compensation on Schedule A; the median brokered plan pays $34K a year, about 7.9% of premium. Rapid City, Sioux Falls and Dakota Dunes have the most plans.
Funding mix
- Fully insured8 · 62%
- Mixed5 · 38%
Plan size (participants)
- Under 1003 · 23%
- 100 to 2496 · 46%
- 250 to 4994 · 31%
- 500 to 9990 · 0%
- 1,000 or more0 · 0%
Median plan: 222 participants. Median broker comp: 7.9% of premium across 11 brokered plans.
Top carriers, physicians, South Dakota
- 1Wellmark Blue Cross Blue Shield of South Dakota$14M6 plans · 78.8%
- 2Delta Dental of South Dakota$1.4M8 plans · 7.9%
- 3Unitedhealthcare Insurance Company$575K1 plans · 3.2%
- 4The Lincoln National Life Insurance Company$296K3 plans · 1.6%
- 5Sun Life Assurance Company of Canada$282K1 plans · 1.6%
- 6United of Omaha Life Insurance Company$259K1 plans · 1.4%
- 7Hartford Life and Accident$256K1 plans · 1.4%
- 8Unum Life Insurance Company of America$216K3 plans · 1.2%
- 9Standard Insurance Company$182K2 plans · 1.0%
- 10Aflac$127K1 plans · 0.7%
Top brokers, physicians, South Dakota
- 1Marsh & McLennan Agency LLC6 plans$187K comp · 54.5%
- 2North Risk Partners2 plans$62K comp · 18.2%
- 3Gis Benefits Inc2 plans$20K comp · 18.2%
- 4Acrisure Midwest Partner Ins. Svcs2 plans$2K comp · 18.2%
- 5Acripoint, LLC2 plans$556 comp · 18.2%
- 6Gallagher Benefit Services, Inc1 plans$43K comp · 9.1%
- 7NFP Corporate Services (SE), Inc1 plans$31K comp · 9.1%
- 8Eugene Butch Linster1 plans$13K comp · 9.1%
- 9Hub International Great Plains, LLC1 plans$10K comp · 9.1%
- 10Jo LYNN Higgins1 plans$4K comp · 9.1%
Largest physician practices in South Dakota
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Rapid City Medical Center, LLP Rapid City Medical Center Flexible Benefits PlanAll plans | Rapid City | Fully insured | 349 | $632K | Delta Dental of California |
| Cnos, P.C Cnos, P.C. Welfare PlanAll plans | Dakota Dunes | Fully insured | 320 | $4.1M | Blue Cross of California |
| Yankton Medical Clinic, P.C Yankton Medical Clinic, P.C. Employee Benefits PlanAll plans | Yankton | Mixed | 282 | $3.0M | Blue Cross of California |
| Family Health Care of Siouxland, PLC Family Health Care of Siouxland Health and Welfare Benefit PlanAll plans | Dakota Dunes | Mixed | 235 | $435K | Hartford Life and Accident |
| Horizon Health Care, Inc Horizon Health Care, Inc. Welfare Benefit PlanAll plans | Howard | Mixed | 224 | $81K | Standard Insurance Company |
| Orthopedic Institute, P.C Orthopedic Institute Group Insurance PlanAll plans | Tea | Mixed | 222 | $560K | Delta Dental of California |
| Urology Specialists Chartered Urology Specialist Chartered Health and Welfare PlanAll plans | Sioux Falls | Fully insured | 114 | $101K | Standard Insurance Company |
| Ophthalmology, Ltd Ophthalmology, Ltd. Profit Sharing PlanAll plans | Sioux Falls | Fully insured | 108 | - | Security Life of Denver Insurance Company |
| Black Hills Orthopedic and Spine Center Black Hills Orthopedic and Spine Center Medical PlanAll plans | Rapid City | Fully insured | 0 | $2.3M | Blue Cross of California |
| Profile Plan Holdings, LLC Profile Plan Holdings, LLC Wrap Benefit PlanAll plans | Sioux Falls | Fully insured | 0 | $686K | Unitedhealthcare Insurance Company |
Showing 10 of 10 employers. Filter the full list by size, funding, carrier and broker.
Plans by city in South Dakota
Frequently asked questions
How many physician practices in South Dakota offer an ERISA health plan?
13 health and welfare plans from 10 physician practices in South Dakota appear in plan year 2024 to 2025 filings on Form 5500, covering 2,244 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 South Dakota?
By Schedule A premium: Wellmark Blue Cross Blue Shield of South Dakota (79% of premium, 6 plans), Delta Dental of South Dakota (8% of premium, 8 plans) and Unitedhealthcare Insurance Company (3% of premium, 1 plan).
Which benefits brokers work with physician practices in South Dakota?
By number of client plans: Marsh & McLennan Agency LLC (6 plans), North Risk Partners (2 plans) and Gis Benefits Inc (2 plans). 85% of plans report a broker.
How much do brokers earn on physician practices health plans in South Dakota?
The median brokered plan reports $34K a year in broker commissions and fees, or 7.9% of premium. Figures come from Schedule A, Part I.
Are physician practices health plans in South Dakota self-funded or fully insured?
Fully insured 62% and mixed 38%. Self-funded and mixed plans together make up 38%.
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 South Dakota
Open the welfare search with South Dakota 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 South Dakota
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 South Dakota.