Conway Regional Health System

Conway, AR Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
1,598Participants+9% vs. prior year
$3.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 16Health care in ARBy participants

Overview

Conway Regional Health System sponsors a self-funded health plan that covered 1,598 participants in plan year 2025, up 9% 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
1,598 · prior year 1,470
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Conway Regional Health System Welfare Plan, plan 502 (1,598 participants)
Broker compensation
$408K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliance StandardLife, Short-term disability, Long-term disability1,547$1.1M$241K
Delta Dental Plan of ArkansasDental2,790$792K—
Reliastar Insurance CompanyAccident, Critical Illness, Hospital Con545$348K$115K
Delta Vision Plan of ArkansasVision2,436$241K$20K
Trustmark Insurance CompanyLife155$96K$19K
Medical Air Services Association, Inc.Emergency Transportation394$66K$13K

Pharmacy benefit estimate

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

$3.8M/ year

Estimated prescription spend: 1,598 participants × $2,371 national average per member. Usually higher once dependents are counted.

$99K–$243K/ year

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

Brands with a generic available$29K–$72K
Lower-cost therapeutic alternatives$42K–$88K
Generic pricing vs. actual cost$18K–$55K
PBM contract terms$9K–$28K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Conway Regional Health System
Sponsor EIN
71-0249735
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 71-0249735 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Conway Regional Medical Center Retirement Income Plan
Type
401(k) plan
Participants
2,984

About this data

Source: Conway Regional Health System'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 Conway Regional Health System.

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