Baxter County Regional Hospital, Inc.

Mountain Home, AR Health careNAICS 622000

Self-funded health planPlan year 2024Renews May
1,514ParticipantsFirst year on file
$3.6MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#7 of 16Health care in ARBy participants

Overview

Baxter County Regional Hospital, Inc. sponsors a self-funded health plan that covered 1,514 participants in plan year 2024. The plan year starts in May. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,514
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Baxter Regional Medical Center Employee Benefit Plan, plan 504 (1,514 participants)
Broker compensation
$221K across insured contracts
MedicalLife insuranceDentalShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Lincoln National Life Insurance CompanyLong-term disability, Life1,874$678K$136K
Lincoln National Life Insurance CompanyShort-term disability1,754$487K$85K

Pharmacy benefit estimate

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

$3.6M/ year

Estimated prescription spend: 1,514 participants × $2,371 national average per member. Usually higher once dependents are counted.

$93K–$230K/ year

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

Brands with a generic available$27K–$68K
Lower-cost therapeutic alternatives$40K–$83K
Generic pricing vs. actual cost$17K–$52K
PBM contract terms$9K–$27K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Baxter County Regional Hospital, Inc.
Sponsor EIN
71-0561765
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 71-0561765 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Baxter Regional Medical Center 403(b) Pension Plan
Type
Defined contribution plan
Participants
4,258

About this data

Source: Baxter County Regional Hospital, Inc.'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 Baxter County Regional Hospital, Inc..

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