Fred Hutchinson Cancer Center

Seattle, WA Health careNAICS 622000

Self-funded health planPlan year 2024Renews July
5,769ParticipantsFirst year on file
$13.7MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#5 of 47Health care in WABy participants

Overview

Fred Hutchinson Cancer Center sponsors a self-funded health plan that covered 5,769 participants in plan year 2024. The plan year starts in July. 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
5,769
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Fred Hutchinson Cancer Center Health and Welfare Plan, plan 502 (5,769 participants)
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Long-term disability5,769$3.0M—

Pharmacy benefit estimate

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

$13.7M/ year

Estimated prescription spend: 5,769 participants × $2,371 national average per member. Usually higher once dependents are counted.

$356K–$877K/ year

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

Brands with a generic available$104K–$260K
Lower-cost therapeutic alternatives$152K–$317K
Generic pricing vs. actual cost$66K–$197K
PBM contract terms$34K–$103K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 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
Fred Hutchinson Cancer Center
Sponsor EIN
91-1935159
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 91-1935159 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Fred Hutchinson Cancer Center Retirement Savings Plan
Type
Defined contribution plan
Participants
10,544

About this data

Source: Fred Hutchinson Cancer Center'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 Fred Hutchinson Cancer Center.

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