Central Maine Healthcare Corporation
Overview
Central Maine Healthcare Corporation sponsors a self-funded health plan that covered 2,634 participants in plan year 2024. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 2,634
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Central Maine Healthcare Corporation Benefits Plan for Team Members, plan 502 (2,634 participants)
- Broker compensation
- $282K 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 |
|---|---|---|---|---|
| Prudential Insurance Company of America | Life, Long-term disability | 3,615 | $1.9M | $242K |
| Vision Service Plan | Vision | 1,786 | $404K | $40K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,634 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
- Central Maine Healthcare Corporation
- Sponsor EIN
- 01-0386913
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 01-0386913 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The 403(b) Plan for the Employees of Central Maine Healthcare
- Type
- Defined contribution plan
- Participants
- 5,101
About this data
Source: Central Maine Healthcare Corporation'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 Central Maine Healthcare Corporation.