Ballad Health
Overview
Ballad Health sponsors a self-funded health plan that covered 11,024 participants in plan year 2024. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 11,024
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Ballad Health Benefit Plan, plan 501 (11,024 participants)
- Broker compensation
- $1.1M across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Lincoln National Life Insurance Company | Long-term disability, Life, Short-term disability | 11,177 | $9.0M | $701K |
| Delta Dental of Tennessee | Dental | 17,587 | $5.4M | $54K |
| Vision Service Plan | Vision | 7,824 | $1.3M | — |
| Unum Insurance Company | Accident, Critical Illness | 3,559 | $1.2M | $283K |
| Arag Insurance Company | Legal | 1,720 | $191K | $19K |
| Unum-Provident Life and Accident Insurance Company | Life | 365 | $155K | $14K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 11,024 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- Ballad Health
- Sponsor EIN
- 61-1771290
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 61-1771290 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Ballad Health 403(b) Plan
- Type
- Defined contribution plan
- Participants
- 16,790
About this data
Source: Ballad Health's Form 5500 filing for plan year 2024 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Ballad Health.