Baxter Shared Services
Overview
Baxter Shared Services sponsors a self-funded health plan that covered 1,838 participants in plan year 2025, up 17% 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
- 1,838 · prior year 1,569
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Baxter Auto Welfare Benefits Plan, plan 510 (1,838 participants); Baxter Auto Health Plan 511, plan 511 (1,773 participants)
- Stop-loss carrier
- HCC Life Insurance Company; HCC Life Insurance Company
- Broker compensation
- $252K 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 |
|---|---|---|---|---|
| The Guardian Life Insurance Company of America | Accident, Voluntary Critical Illness, Life, Short-term disability, Long-term disability | 1,566 | $1.1M | $252K |
| HCC Life Insurance Company | Stop-loss | 986 | $808K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,838 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 2025
- Plan sponsor
- Baxter Shared Services
- Sponsor EIN
- 47-0778355
- Plan numbers
- 510, 511
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 47-0778355 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Baxter Shared Services'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 Baxter Shared Services.