Physician practices in Tennessee
PlanOptica tracks 97 health and welfare plans sponsored by 94 physician practices in Tennessee, covering 68,354 participants and $201M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 277 participants, and the most common size is 100 to 249 participants (34% of plans). The funding mix is split: 55% of plans are self-funded or mixed and the rest are mainly fully insured.
Bluecross Blueshield of Tennessee, Inc leads by premium with a 36% share, followed by Continental American Insurance Company at 8%. Hub International Midwest Limited is the broker of record on 13 plans, more than any other firm, ahead of The Baldwin Group Southeast, LLC (10). 84% of plans report broker compensation on Schedule A; the median brokered plan pays $95K a year, about 8.0% of premium. Nashville, Knoxville and Memphis have the most plans.
Funding mix
- Mixed37 · 38%
- Fully insured36 · 37%
- Self-funded16 · 16%
- MEWA8 · 8%
Plan size (participants)
- Under 10013 · 13%
- 100 to 24933 · 34%
- 250 to 49922 · 23%
- 500 to 99912 · 12%
- 1,000 or more17 · 18%
Median plan: 277 participants. Median broker comp: 8.0% of premium across 81 brokered plans.
Top carriers, physicians, Tennessee
- 1Bluecross Blueshield of Tennessee, Inc$73M42 plans · 36.4%
- 2Continental American Insurance Company$15M5 plans · 7.7%
- 3Delta Dental of Tennessee$12M21 plans · 6.0%
- 4Unitedhealthcare Insurance Company$12M4 plans · 5.9%
- 5Cigna Health and Life Insurance Company and Affiliates$11M14 plans · 5.4%
- 6Unum Life Insurance Company of America$10M20 plans · 5.1%
- 7United Healthcare Insurance Company$7.7M2 plans · 3.8%
- 8Kaiser Foundation Health Plan, Inc$7.2M2 plans · 3.6%
- 9Prudential Insurance Company of America$6.1M3 plans · 3.0%
- 10Life Insurance Company of North America$5.2M5 plans · 2.6%
Top brokers, physicians, Tennessee
- 1Hub International Midwest Limited13 plans$1.2M comp · 16.0%
- 2The Baldwin Group Southeast, LLC10 plans$204K comp · 12.3%
- 3Usi Insurance Services LLC8 plans$509K comp · 9.9%
- 4Baldwin Krystyn Sherman Partners7 plans$431K comp · 8.6%
- 5Lockton Companies, LLC6 plans$1.9M comp · 7.4%
- 6Digital Insurance Inc6 plans$592K comp · 7.4%
- 7Centro Benefits Research LLC6 plans$191K comp · 7.4%
- 8The Cason Group Inc5 plans$61K comp · 6.2%
- 9Group Insurance Services Inc5 plans$22K comp · 6.2%
- 10Group Benefits, LLC4 plans$397K comp · 4.9%
Largest physician practices in Tennessee
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Ameriteam Services Teamhealth Welfare Benefit PlanAll plans | Knoxville | Fully insured | 13,309 | $21M | Aflac |
| Oneoncology, LLC Oneoncology, LLC Health and Welfare Benefits PlanAll plans | Nashville | MEWA | 10,676 | $15M | Delta Dental of California |
| Maury Regional Medical Group Maury Regional Medical Group Welfare Benefit PlanAll plans | Columbia | Mixed | 2,549 | $4.6M | Prudential Insurance Company of America |
| Associated Pathologists, LLC Associated Pathologists, LLC Dba Pathgroup Insurance Benefit PlanAll plans | Brentwood | Mixed | 2,071 | $1.7M | Prudential Insurance Company of America |
| Pinnacle Dermatology Management, LLC Pinnacle Health and Welfare PlanAll plans | Brentwood | MEWA | 1,818 | $4.8M | Cigna Health and Life Insurance Company |
| Advanced Diagnostic Imaging Advanced Diagnostic Imaging Employee Benefits PlanAll plans | Goodlettsville | Fully insured | 1,658 | $4.5M | Blue Cross of California |
| Wellpath Management, Inc Professional Corporation (P. C. ) Welfare PlanAll plans | Franklin | MEWA | 1,654 | $11M | Kaiser Foundation Health Plan Inc |
| Summit Med Group Operations, LLC SMG Operations Employee Health PlanAll plans | Knoxville | Fully insured | 1,576 | $2.5M | Delta Dental of California |
| Tennessee Orthopaedic Alliance P.A Tennessee Orthopaedic Alliance Employee Benefits PlanAll plans | Brentwood | Mixed | 1,381 | $2.5M | Symetra Life Insurance Company |
| Phynet Dermatology, LLC Phynet Dermatology, LLC Wrap PlanAll plans | Franklin | MEWA | 1,378 | $9.9M | Blue Cross of California |
| Archwell Health Archwell Health & Welfare PlanAll plans | Nashville | Fully insured | 1,249 | $9.5M | Unitedhealthcare Insurance Company |
| Tennessee Oncology PLLC Tennessee Oncology PLLC Welfare Benefits PlanAll plans | Nashville | Self-funded | 1,168 | - | - |
| U.S. Urology Partners, LLC U.S. Urology Partners, LLC Health and Welfare PlanAll plans | Nolensville | MEWA | 1,139 | $8.2M | United Healthcare Insurance Company |
| Sofha Employment Services, Inc Sofha Employment Services, Inc. Employee Benefit PlanAll plans | Johnson City | Mixed | 1,135 | $1.7M | Reliance Standard Life Insurance Company |
| Southern Orthodontic Partners Southern Orthodontic Partners ERISA Healthcare PlanAll plans | Nashville | Mixed | 1,129 | $1.2M | Metropolitan Life Insurance Company |
Showing 15 of 94 employers. Filter the full list by size, funding, carrier and broker.
Plans by city in Tennessee
- Nashville28 plans · 19,698 participants
- Knoxville16 plans · 19,719 participants
- Memphis8 plans · 2,201 participants
- Brentwood6 plans · 7,242 participants
- Franklin6 plans · 4,331 participants
- Germantown5 plans · 2,246 participants
- Chattanooga5 plans · 524 participants
- Johnson City3 plans · 1,470 participants
- Jackson3 plans · 829 participants
- Columbia1 plans · 2,549 participants
- Goodlettsville1 plans · 1,658 participants
- Nolensville1 plans · 1,139 participants
Frequently asked questions
How many physician practices in Tennessee offer an ERISA health plan?
97 health and welfare plans from 94 physician practices in Tennessee appear in plan year 2024 to 2025 filings on Form 5500, covering 68,354 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 Tennessee?
By Schedule A premium: Bluecross Blueshield of Tennessee, Inc (36% of premium, 42 plans), Continental American Insurance Company (8% of premium, 5 plans) and Delta Dental of Tennessee (6% of premium, 21 plans).
Which benefits brokers work with physician practices in Tennessee?
By number of client plans: Hub International Midwest Limited (13 plans), The Baldwin Group Southeast, LLC (10 plans) and Usi Insurance Services LLC (8 plans). 84% of plans report a broker.
How much do brokers earn on physician practices health plans in Tennessee?
The median brokered plan reports $95K a year in broker commissions and fees, or 8.0% of premium. Figures come from Schedule A, Part I.
Are physician practices health plans in Tennessee self-funded or fully insured?
Mixed 38%, fully insured 37% and self-funded 16%. Self-funded and mixed plans together make up 55%.
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 Tennessee
Open the welfare search with Tennessee 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 Tennessee
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 Tennessee.