Health Insurance Source
- Kenda WardHealth Insurance Team member · Company website
- Jessica RichardsonHealth Insurance Team member · Company website
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 36 years (since 1990)
From public records and the company's website, not a statement that it's for sale.
What they do
Health Insurance Source LLC, located in Ponca City, OK, has since 1990 provided health insurance for Oklahoma residents and businesses, including individual, family, small group, and Medicare plans.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Health Insurance Source this business | $806K | — |
| Farmers Insurance - Erin Ohara Ponca City | $806K | 0.3 mi |
| Shelter Insurance - Thomas Henley Ponca City | $806K | 0.5 mi |
| Bates Insurance Group Llc Ponca City | $1.6M | 0.9 mi |
| Cherokee Strip Insurance Agency Ponca City | $1.6M | 1.0 mi |
| Kasidi Hardy- Farmers Insurance Agent Ponca City | $806K | 1.1 mi |
| Chase DeFilippo Oklahoma Farm Bureau Ponca City | $806K | 1.2 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $411K – $1.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (38%). Treat these as a rough guide.
| Revenue range | $371K – $1.0M |
| EBITDA range | $143K – $387K |
| Industry (NAICS) | Agencies, brokerages, and other insurance related activities (5242) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Health Insurance Source
Health Insurance Source is an insurance agencies company in Ponca City, Oklahoma, in business since 1990. Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. Its estimated business value is $1.1M (likely range $411K–$1.7M).
Common questions
- Who owns Health Insurance Source?
- The owner of Health Insurance Source isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Health Insurance Source make?
- SeeBITDA estimates Health Insurance Source's annual revenue at about $806K (likely between $371K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Health Insurance Source worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $310K, typical for a insurance agencies company its size. Likely range: $411K–$1.7M.
- When was Health Insurance Source founded?
- Health Insurance Source has been in business since 1990.