Hannibal Regional Healthcare System, Inc.

Hannibal, MO Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
949Participants0% vs. prior year
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#23 of 35Health care in MOBy participants

Overview

Hannibal Regional Healthcare System, Inc. sponsors a self-funded health plan that covered 949 participants in plan year 2025, about the same as 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
949 · prior year 949
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Hannibal Regional Healthcare System Health Insurance Plan, plan 505 (949 participants); Hannibal Regional Healthcare System Flexible Spending Plan, plan 504 (100 participants)
Broker compensation
$49K 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
United of Omaha Life Insurance CompanyCritical Illness, Life, Short-term disability, Long-term disability, Accident1,323$1.2M$49K
Delta Dental of MissouriDental2,279$658K—
Vision Service PlanVision919$129K—
United Behavioral Health DBA OptumEmployee Assistance Program842$9K—

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 949 participants × $2,371 national average per member. Usually higher once dependents are counted.

$59K–$144K/ year

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

Brands with a generic available$17K–$43K
Lower-cost therapeutic alternatives$25K–$52K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
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
Hannibal Regional Healthcare System, Inc.
Sponsor EIN
43-0662495
Plan numbers
505, 504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 43-0662495 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Hannibal Regional Hospital Retirement Savings Plan
Type
Defined contribution plan
Participants
2,036

About this data

Source: Hannibal Regional Healthcare System, Inc.'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 Hannibal Regional Healthcare System, Inc..

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