Beebe Medical Center, Inc. DBA Beebe Healthcare, Inc.

Lewes, DE Health careNAICS 622000

Self-funded health planPlan year 2025Renews May
3,117Participants0% vs. prior year
$7.4MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#3 of 5Health care in DEBy participants

Overview

Beebe Medical Center, Inc. DBA Beebe Healthcare, Inc. sponsors a self-funded health plan that covered 3,117 participants in plan year 2025, about the same as the prior year. The plan year starts in May. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
3,117 · prior year 3,117
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Beebe Medical Center, Inc. DBA Beebe Healthcare, Inc. Health and Welfare Benefit Plan, plan 510 (3,117 participants); Beebe Medical Center Health Reimbursement Account Plan, plan 512 (296 participants)
Broker compensation
$253K across insured contracts
MedicalLife insuranceDentalVisionPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Standard Insurance CompanyLife, Long-term disability2,465$875K$110K
Securian Life Insurance CompanyAccident, Critical Illness, Hospital1,141$654K$130K
Vision Benefits of AmericaVision1,990$176K—
Arag Services, LLCLegal574$79K$12K
ComPsych CorporationEmployee Assistance Program3,100$44K—

Pharmacy benefit estimate

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

$7.4M/ year

Estimated prescription spend: 3,117 participants × $2,371 national average per member. Usually higher once dependents are counted.

$192K–$474K/ year

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

Brands with a generic available$56K–$140K
Lower-cost therapeutic alternatives$82K–$171K
Generic pricing vs. actual cost$35K–$106K
PBM contract terms$18K–$55K
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 2025
Plan sponsor
Beebe Medical Center, Inc. DBA Beebe Healthcare, Inc.
Sponsor EIN
51-0067938
Plan numbers
510, 512
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 51-0067938 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Beebe Medical Center Retirement Plus Plan
Type
Defined contribution plan
Participants
4,013

About this data

Source: Beebe Medical Center, Inc. DBA Beebe Healthcare, 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 Beebe Medical Center, Inc. DBA Beebe Healthcare, Inc..

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