Children's Hospital Medical Center of Akron
Overview
Children's Hospital Medical Center of Akron sponsors a self-funded health plan that covered 7,569 participants in plan year 2025, up 3% 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
- 7,569 · prior year 7,326
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Children's Hospital Medical Center of Akron Flexible Benefits Program, plan 512 (7,569 participants)
- Stop-loss carrier
- Medical Mutual of Ohio
- Broker compensation
- $614K 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 Ins Co. | Life, Long-term disability | 6,978 | $3.7M | $368K |
| Guardian | Medical | 1,684 | $957K | $211K |
| Eyemed Vision Care | Vision | 8,816 | $914K | — |
| Medical Mutual of Ohio | Stop-loss | 5,281 | $453K | — |
| Guardian Life Insurance Company | Dental | 5,977 | $205K | — |
| Trustmark Insurance Company | Medical | 279 | $196K | $35K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 7,569 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 2025
- Plan sponsor
- Children's Hospital Medical Center of Akron
- Sponsor EIN
- 34-0714357
- Plan number
- 512
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 34-0714357 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Children's Retirement Income Benefit Plan
- Type
- Defined contribution plan
- Participants
- 9,440
About this data
Source: Children's Hospital Medical Center of Akron'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 Children's Hospital Medical Center of Akron.