Physician practices in Virginia
PlanOptica tracks 69 health and welfare plans sponsored by 64 physician practices in Virginia, covering 20,061 participants and $93M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 157 participants, and the most common size is 100 to 249 participants (46% of plans). The funding mix is split: 52% of plans are self-funded or mixed and the rest are mainly fully insured.
Metropolitan Life Insurance Company leads by premium with a 22% share, followed by Anthem Health Plans of Virginia, Inc at 14%. Marsh & McLennan Agency LLC is the broker of record on 23 plans, more than any other firm, ahead of McGriff Insurance Services (8). 74% of plans report broker compensation on Schedule A; the median brokered plan pays $47K a year, about 7.2% of premium. Richmond, Arlington and Fairfax have the most plans.
Funding mix
- Fully insured29 · 42%
- Mixed20 · 29%
- Self-funded16 · 23%
- MEWA4 · 6%
Plan size (participants)
- Under 10017 · 25%
- 100 to 24932 · 46%
- 250 to 49910 · 14%
- 500 to 9996 · 9%
- 1,000 or more4 · 6%
Median plan: 157 participants. Median broker comp: 7.2% of premium across 51 brokered plans.
Top carriers, physicians, Virginia
- 1Metropolitan Life Insurance Company$21M6 plans · 22.1%
- 2Anthem Health Plans of Virginia, Inc$13M14 plans · 14.2%
- 3Group Hospitalization Medical Services, Inc$11M2 plans · 11.7%
- 4Cigna Health and Life Insurance Company$11M7 plans · 11.5%
- 5Unum Life Insurance Company of America$5.1M13 plans · 5.4%
- 6Unitedhealthcare Insurance Company$4.6M2 plans · 4.9%
- 7Aenta Life Insurance Company$4.5M2 plans · 4.8%
- 8United of Omaha Life Insurance Company$3.2M7 plans · 3.4%
- 9Sentara Health Plan$2.8M6 plans · 3.1%
- 10Standard Insurance Company$2.1M5 plans · 2.2%
Top brokers, physicians, Virginia
- 1Marsh & McLennan Agency LLC23 plans$1.3M comp · 45.1%
- 2McGriff Insurance Services8 plans$157K comp · 15.7%
- 3Usi Insurance Services LLC4 plans$217K comp · 7.8%
- 4The Cason Group4 plans$54K comp · 7.8%
- 5James a Scott & Son Inc3 plans$93K comp · 5.9%
- 6Meltzer Group (NFP)2 plans$67K comp · 3.9%
- 7James R Nelligan & Associates2 plans$42K comp · 3.9%
- 8Totalis Benefits, Inc2 plans$27K comp · 3.9%
- 9One Digital - Glen Allen, Va2 plans$22K comp · 3.9%
- 10Hub International Mid-Atlantic, Inc2 plans$18K comp · 3.9%
Largest physician practices in Virginia
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Orthovirginia, Inc Orthovirginia, Inc. Welfare Benefits PlanAll plans | North Chesterfield | Mixed | 1,975 | $3.7M | United of Omaha Life Insurance Company |
| MD Value Care Benefits Consortium MD Value Care Benefits Consortium Health and Welfare Benefits PlanAll plans | Richmond | MEWA | 1,857 | $3.1M | Anthem Life Insurance Company |
| University of Virginia Physicians Group University of Virginia Physicians Group Employee Benefits PlanAll plans | Charlottesville | Mixed | 1,542 | $24M | Metropolitan Life Insurance Company |
| Tidewater Physicians Multispecialty Group, P.C Tidewater Physicians Multispeciality Group Employee Benefits PlanAll plans | Newport News | Mixed | 1,233 | $2.0M | Unum Life Insurance Company of America |
| Loudoun Medical Group, P.C Loudoun Medical Group Welfare Benefit PlanAll plans | Leesburg | Mixed | 969 | $865K | Anthem Life Insurance Company |
| Trusted Doctors, LLC Trusted Doctors, LLC Welfare Benefit PlanAll plans | Fairfax | Fully insured | 800 | $4.8M | Unitedhealthcare Insurance Company |
| Medical Management Services Medical Management Services Welfare PlanAll plans | Chesapeake | Mixed | 778 | $1.3M | Unum Life Insurance Company of America |
| Gap Solutions, Inc Gap Solutions, IncAll plans | Herndon | Fully insured | 764 | $4.5M | Cigna Health and Life Insurance Company |
| Fairfax Radiology Centers LLC Fairfax Radiology Centers, LLC Health and Welfare Benefit PlanAll plans | Fairfax | Fully insured | 682 | $9.4M | Group Hospitalization Medical Services, Inc |
| Advantia Health, LLC Advantia Health LLC Employee Benefits PlanAll plans | Arlington | Fully insured | 559 | $4.8M | Aetna Life Insurance Company |
| Virginia Urology Center Virginia Urology Center Health and Welfare PlanAll plans | Richmond | Fully insured | 432 | $114K | The Lincoln National Life Insurance Company |
| Children's Specialty Group, PLLC Childrens Specialty Group, PLLC Employee Benefits PlanAll plans | Norfolk | Mixed | 426 | $1.7M | Anthem Life Insurance Company |
| Virginia Physicians, Inc Virginia Physicians, Inc. Welfare Benefit PlanAll plans | Glen Allen | Mixed | 380 | $479K | United of Omaha Life Insurance Company |
| Privia Management Company, LLC Privia Medical Group Privia Medical Group Health PlanAll plans | Arlington | MEWA | 369 | $282K | Anthem Life Insurance Company |
| The Cardiovascular Group, P.C The Cardiovascular Group, P.C. Welfare Benefit PlanAll plans | Falls Church | Mixed | 343 | $191K | Unum Life Insurance Company of America |
Showing 15 of 64 employers. Filter the full list by size, funding, carrier and broker.
Plans by city in Virginia
- Richmond18 plans · 4,638 participants
- Arlington5 plans · 1,246 participants
- Fairfax3 plans · 1,727 participants
- Charlottesville3 plans · 1,583 participants
- Newport News3 plans · 1,439 participants
- Norfolk3 plans · 894 participants
- Virginia Beach3 plans · 601 participants
- Reston3 plans · 364 participants
- North Chesterfield2 plans · 2,096 participants
- Falls Church2 plans · 452 participants
- Woodbridge2 plans · 210 participants
- Fredericksburg2 plans · 109 participants
Frequently asked questions
How many physician practices in Virginia offer an ERISA health plan?
69 health and welfare plans from 64 physician practices in Virginia appear in plan year 2024 to 2025 filings on Form 5500, covering 20,061 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 Virginia?
By Schedule A premium: Metropolitan Life Insurance Company (22% of premium, 6 plans), Anthem Health Plans of Virginia, Inc (14% of premium, 14 plans) and Group Hospitalization Medical Services, Inc (12% of premium, 2 plans).
Which benefits brokers work with physician practices in Virginia?
By number of client plans: Marsh & McLennan Agency LLC (23 plans), McGriff Insurance Services (8 plans) and Usi Insurance Services LLC (4 plans). 74% of plans report a broker.
How much do brokers earn on physician practices health plans in Virginia?
The median brokered plan reports $47K a year in broker commissions and fees, or 7.2% of premium. Figures come from Schedule A, Part I.
Are physician practices health plans in Virginia self-funded or fully insured?
Fully insured 42%, mixed 29% and self-funded 23%. Self-funded and mixed plans together make up 52%.
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 Virginia
Open the welfare search with Virginia 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 Virginia
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 Virginia.