Diamond Hill SNF Operations LLC

Lynchburg, VA Health careNAICS 623000

Self-funded health planPlan year 2024Renews December
838ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Dec 2026Next renewalPlan year begins December 1
#26 of 34Health care in VABy participants

Overview

Diamond Hill SNF Operations LLC sponsors a self-funded health plan that covered 838 participants in plan year 2024. The plan year starts in December. Alongside medical, its benefits filing reports life insurance, dental, vision, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
838
Plan year
Begins December 1 · next renewal December 2026
Health plans filed
Lynchburg, plan 501 (838 participants)
Broker compensation
$11K across insured contracts
MedicalLife insuranceDentalVisionDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaDental, Vision, Life838$73K$11K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 838 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$127K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$46K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning December 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
Diamond Hill SNF Operations LLC
Sponsor EIN
87-1031795
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 87-1031795 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Diamond Hill SNF Operations LLC'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 Diamond Hill SNF Operations LLC.

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