Care Hospice, Inc.

Charlottesville, VA Health careNAICS 621610

Self-funded health planPlan year 2024Renews October
2,284ParticipantsFirst year on file
$5.4MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#15 of 34Health care in VABy participants

Overview

Care Hospice, Inc. sponsors a self-funded health plan that covered 2,284 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
2,284
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Care Hospice, Inc. Health and Welfare Benefits Plan, plan 501 (2,284 participants)
Broker compensation
$143K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Sun Life Assurance Company of CanadaLife, Short-term disability, Long-term disability2,374$1.7M$143K
UnitedHealthcare Insurance CompanyDental, Vision2,790$1.2M—

Pharmacy benefit estimate

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

$5.4M/ year

Estimated prescription spend: 2,284 participants × $2,371 national average per member. Usually higher once dependents are counted.

$141K–$347K/ year

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

Brands with a generic available$41K–$103K
Lower-cost therapeutic alternatives$60K–$126K
Generic pricing vs. actual cost$26K–$78K
PBM contract terms$14K–$41K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Care Hospice, Inc.
Sponsor EIN
80-0963620
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 80-0963620 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Care Hospice, Inc. 401(k) Plan
Type
401(k) plan
Participants
3,446

About this data

Source: Care Hospice, 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 Care Hospice, Inc..

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