Employer health plans · Indiana
Employer health plans in Indiana
How Indiana employers fund their health plans and which carriers insure them.
2024 plan filings
Employer health plans in Indiana at a glance
Employer plan filings, 2024
Large employer health plans
1,355
form year 2024
Fully insured
479
35% of large plans
Self-funded
799
15% with stop-loss
Small plans
1,660
fewer details reported
Median premium per person covered
$6,640
insured contracts, all carriers
Insurance carriers for Indiana employer health plans
Insured large plans by carrier group, form year 2024
| Carrier | Plans | Share | Persons covered | Median premium / person | Median broker % |
|---|---|---|---|---|---|
| Anthem (Elevance Health) | 203 | 42% | 97,941 | $6,944 | 2.9% |
| UnitedHealthcare | 91 | 19% | 30,384 | $6,390 | 3.4% |
| Cigna | 47 | 10% | 14,272 | $4,171 | 6.5% |
| Blue Cross Blue Shield | 24 | 5% | 8,078 | $7,964 | 3.1% |
| Kaiser Permanente | 14 | 3% | 2,275 | $7,755 | 4.0% |
| Aetna | 9 | 2% | 1,691 | $2,825 | 1.3% |
| Humana | 9 | 2% | 2,336 | $3,748 | 2.8% |
Fully insured vs self-funded
Large employer health plans, 2020–2024
| Form year | Large plans | Insured | Self-funded | Self-funded share |
|---|---|---|---|---|
| 2020 | 1,290 | 481 | 750 | 58% |
| 2021 | 1,365 | 547 | 748 | 55% |
| 2022 | 1,348 | 504 | 771 | 57% |
| 2023 | 1,406 | 530 | 800 | 57% |
| 2024 | 1,355 | 479 | 799 | 59% |
| 2025 (partial) | 1,112 | 381 | 668 | 60% |
Methodology
How these numbers are calculated
- Sources: employer health plan filings for 2020–2024 (2025 is still coming in and is labelled partial), negotiated rates published by health insurers and hospitals (2026), and Medicare fee schedules for reference.
- Which plans count: large employer health plans, placed in the state of the employer's business address. A carrier's figures count plans with a major-medical insurance contract with that carrier. Self-funded plans that a carrier only administers are not counted under that carrier, and supplemental coverage (dental, vision, accident, hospital indemnity) is excluded.
- Premium per person covered: premium divided by the persons covered on the contract, for contracts covering at least 20 persons.
- Broker pay: commissions and fees paid on each contract, as a share of that contract's premium.
- Network rates: physician negotiated rates for the Employer 50 services, from a sample of providers, shown as a percentage of Medicare. Shown only where the network passes Medlyze's quality checks for the state.
- Hospital prices: commercial negotiated rates (2026) for the whole hospital stay or the hospital's facility charge. Medicare Advantage, Medicaid and individual-market rates are excluded, and so is Humana, whose hospital rates are almost all Medicare. Physician, anesthesia and implant charges are separate.
- Not a judgement: differences describe the plans and rates analyzed. They are not findings about any employer, carrier or broker, and they say nothing about quality or value.
Get the full figures
Brokers: an Employer Account Brief on one employer, or a Prospect List for this market. Employers: a Plan Cost Benchmark for your own plan, with every hospital near your people.