Bowen Health, Inc.
Overview
Bowen Health, Inc. sponsors a self-funded health plan that covered 1,045 participants in plan year 2024. The plan year starts in October. 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
- 1,045
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- Bowen Health, Inc. Consolidated Welfare Benefit Plan, plan 511 (1,045 participants)
- Broker compensation
- $43K 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 |
|---|---|---|---|---|
| Lincoln National Life Insurance Company | Life, Long-term disability | 1,038 | $115K | $43K |
| Vision Service Plan | Vision | 686 | $108K | — |
| Allone Health Well, LLC | Employee Assistance Program | 1,192 | $44K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,045 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 2024
- Plan sponsor
- Bowen Health, Inc.
- Sponsor EIN
- 35-1057889
- Plan number
- 511
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 35-1057889 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Bowen Health 403(b) Plan
- Type
- Defined contribution plan
- Participants
- 1,659
About this data
Source: Bowen Health, 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 Bowen Health, Inc..