Bayhealth Medical Center, Inc.
Overview
Bayhealth Medical Center, Inc. sponsors a self-funded health plan that covered 4,970 participants in plan year 2025, up 26% 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
- 4,970 · prior year 3,950
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Bayhealth Medical Center, Inc. Health and Welfare Benefits Plan, plan 501 (4,970 participants)
- Stop-loss carrier
- BCS Insurance Company
- Broker compensation
- $1.6M 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 |
|---|---|---|---|---|
| Reliance Standard Life Insurance Company | Life, Long-term disability | 4,445 | $2.6M | $325K |
| BCS Insurance Company | Stop-loss | 3,847 | $1.6M | $79K |
| Symetra Life Insurance Company | Accident, Critical Illness, Hospital | 2,692 | $732K | $500K |
| American Heritage Life | Life | 907 | $725K | $720K |
| Vision Benefits of America | Vision | 3,608 | $500K | — |
| ComPsych Corporation | Employee Assistance Program | 4,970 | $57K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,970 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
- Bayhealth Medical Center, Inc.
- Sponsor EIN
- 51-0064318
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 51-0064318 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Bayhealth Medical Center, Inc. Retirement and Savings Plan
- Type
- 401(k) plan
- Participants
- 6,593
About this data
Source: Bayhealth Medical Center, Inc.'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 Bayhealth Medical Center, Inc..