Columbus Regional Healthcare System

Whiteville, NC Health careNAICS 622000

Self-funded health planPlan year 2024Renews October
504ParticipantsFirst year on file
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#46 of 46Health care in NCBy participants

Overview

Columbus Regional Healthcare System sponsors a self-funded health plan that covered 504 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
504
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Columbus Regional Healthcare System Health & Welfare Plan, plan 501 (504 participants)
Stop-loss carrier
Granular Insurance Company
Broker compensation
$153K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Granular Insurance CompanyStop-loss450$527K$37K
Hartford Life and AccidentLife, Short-term disability, Long-term disability527$505K$99K
Delta Dental of North CarolinaDental830$327K$13K
Community Eye CareVision711$38K$4K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 504 participants × $2,371 national average per member. Usually higher once dependents are counted.

$31K–$77K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$13K–$28K
Generic pricing vs. actual cost$6K–$17K
PBM contract terms$3K–$9K
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
Columbus Regional Healthcare System
Sponsor EIN
56-0538020
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 56-0538020 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Columbus Regional Healthcare System 403(b) Retirement Plan
Type
Defined contribution plan
Participants
1,044

About this data

Source: Columbus Regional Healthcare System'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 Columbus Regional Healthcare System.

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