DMD Management, Inc.

Parma, OH Health careNAICS 623000

Self-funded health planPlan year 2024Renews January
6,349ParticipantsFirst year on file
$15.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#16 of 89Health care in OHBy participants

Overview

DMD Management, Inc. sponsors a self-funded health plan that covered 6,349 participants in plan year 2024. 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
6,349
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
DMD Management, Inc. Group Insurance Plan, plan 502 (6,349 participants)
Stop-loss carrier
Nationwide Life Insurance Company
Broker compensation
$72K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Nationwide Life Insurance CompanyMedical, Stop-loss808$499K—
Sun Life Assurance Company of CanadaLife, Short-term disability, Long-term disability1,241$413K$62K
Delta Dental of OhioDental834$330K$9K
Eye MED Vision CareVision1,039$119K$1K

Pharmacy benefit estimate

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

$15.1M/ year

Estimated prescription spend: 6,349 participants × $2,371 national average per member. Usually higher once dependents are counted.

$391K–$965K/ year

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

Brands with a generic available$114K–$286K
Lower-cost therapeutic alternatives$167K–$349K
Generic pricing vs. actual cost$72K–$217K
PBM contract terms$38K–$113K
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 2024
Plan sponsor
DMD Management, Inc.
Sponsor EIN
34-1663174
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1663174 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Legacy Health Services 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
2,966

About this data

Source: DMD Management, Inc.'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 DMD Management, Inc..

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