HC Data Consulting LLC DBA Employers Business Alliance

Avon Lake, OH Information & technologyNAICS 518210

Self-funded health planPlan year 2024Renews January
4,100ParticipantsFirst year on file
$9.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 4Information & technology in OHBy participants

Overview

HC Data Consulting LLC DBA Employers Business Alliance sponsors a self-funded health plan that covered 4,100 participants in plan year 2024. The plan year starts in January.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
4,100
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Employer's Business Alliance Health Plan, plan 501 (4,100 participants)
Medical

Pharmacy benefit estimate

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

$9.7M/ year

Estimated prescription spend: 4,100 participants × $2,371 national average per member. Usually higher once dependents are counted.

$253K–$623K/ year

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

Brands with a generic available$74K–$185K
Lower-cost therapeutic alternatives$108K–$226K
Generic pricing vs. actual cost$47K–$140K
PBM contract terms$24K–$73K
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
HC Data Consulting LLC DBA Employers Business Alliance
Sponsor EIN
87-4559152
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 87-4559152 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: HC Data Consulting LLC DBA Employers Business Alliance'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 HC Data Consulting LLC DBA Employers Business Alliance.

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