Boone Health, Inc.

Columbia, MO Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
1,765Participants+6% vs. prior year
$4.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#15 of 35Health care in MOBy participants

Overview

Boone Health, Inc. sponsors a self-funded health plan that covered 1,765 participants in plan year 2025, up 6% 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
1,765 · prior year 1,670
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Boone Health, Inc. Welfare Benefit Plan, plan 501 (1,765 participants)
Stop-loss carrier
Symetra Life Insurance Company
Broker compensation
$137K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Symetra Life Insurance CompanyStop-loss1,365$1.1M$43K
Reliastar Life Insurance CompanyLife2,726$615K$67K
Lincoln National Life Insurance CompanyLong-term disability1,285$366K$28K
Vision Service PlanVision1,197$201K—
MetLife Legal PlansLegal232$48K—

Pharmacy benefit estimate

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

$4.2M/ year

Estimated prescription spend: 1,765 participants × $2,371 national average per member. Usually higher once dependents are counted.

$109K–$268K/ year

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

Brands with a generic available$32K–$80K
Lower-cost therapeutic alternatives$46K–$97K
Generic pricing vs. actual cost$20K–$60K
PBM contract terms$10K–$31K
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
Boone Health, Inc.
Sponsor EIN
85-0769204
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 85-0769204 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Boone Health 401(k)
Type
401(k) plan
Participants
3,119

About this data

Source: Boone Health, 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 Boone Health, Inc..

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