Oklahoma Medicare Insurance
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 Likely to sell
- In business 29 years (since 1997)
- Founder still runs it after 29 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Consumers Direct Insurance Services of Oklahoma (CDIS) is a licensed health insurance agency that helps people compare and choose Medicare plans, including Medicare Advantage, Medicare Supplement and Prescription Drug plans.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Oklahoma Medicare Insurance this business | $806K | — |
| Cdis Of Oklahoma, Ega For Bcbsok Tulsa | $806K | 0.0 mi |
| Envision Clarity Consulting Tulsa | $806K | 0.0 mi |
| David Trusler - Mutual Of Omaha Advisor Tulsa | $806K | 0.0 mi |
| Lorrie David, Bankers Life Agent Tulsa | $806K | 0.0 mi |
| Melissa Noland, Bankers Life Agent Tulsa | $806K | 0.0 mi |
| Modern Woodmen of America, Regional Office Tulsa | $806K | 0.0 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
People & 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 Oklahoma Medicare Insurance
Oklahoma Medicare Insurance is a family-owned insurance agencies company in Tulsa, Oklahoma, in business since 1997. It is owned by Scott Loochtan (President). 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 Oklahoma Medicare Insurance?
- Oklahoma Medicare Insurance is owned by Scott Loochtan (President), according to public sources such as the company's website or filings.
- How much revenue does Oklahoma Medicare Insurance make?
- SeeBITDA estimates Oklahoma Medicare Insurance'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 Oklahoma Medicare Insurance 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 Oklahoma Medicare Insurance founded?
- Oklahoma Medicare Insurance has been in business since 1997.
- Is Oklahoma Medicare Insurance for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 29 years (since 1997); founder still runs it after 29 years; no family successor named on its website.