Baptist Health Deaconess, LLC

Madisonville, KY Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
1,565Participants+4% vs. prior year
$3.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#14 of 33Health care in KYBy participants

Overview

Baptist Health Deaconess, LLC sponsors a self-funded health plan that covered 1,565 participants in plan year 2025, up 4% from the prior year. The plan year starts in January. 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
1,565 · prior year 1,512
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Baptist Health Deaconess Health and Welfare Plan, plan 501 (1,565 participants)
Broker compensation
$269K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Reliance Standard Life Insurance CompanyLife, Long-term disability, Short-term disability, Accidental Death & Dismemberment1,536$1.4M$58K
Unum Life Insurance Company of AmericaLong Term Care1,804$848K$127K
Delta Dental of KentuckyDental2,465$751K$39K
Unum Insurance CompanyAccident, Critical Illness, Hospital Indemnity426$228K$28K
Eyemed Vision Care on Behalf of the Fidelity Security Life Insurance CVision1,561$212K$11K
Eyemed Vision Care on Behalf of the Fidelity Security Life InsuranceVision647$27K$1K
Magellan HealthEmployee Assistance Program1,495$27K—
Provident Life and Accident Insurance CompanyLife43$21K$5K

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$3.7M/ year

Estimated prescription spend: 1,565 participants × $2,371 national average per member. Usually higher once dependents are counted.

$96K–$238K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$28K–$71K
Lower-cost therapeutic alternatives$41K–$86K
Generic pricing vs. actual cost$18K–$53K
PBM contract terms$9K–$28K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Baptist Health Deaconess, LLC
Sponsor EIN
87-2361058
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 87-2361058 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Baptist Health Deaconess 401(k) Plan
Type
401(k) plan
Participants
2,113

About this data

Source: Baptist Health Deaconess, LLC's Form 5500 filing for plan year 2025 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 Baptist Health Deaconess, LLC.

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