HMR Veterans Services, Inc.

Anderson, SC Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
1,845Participants-10% vs. prior year
$4.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#10 of 15Health care in SCBy participants

Overview

HMR Veterans Services, Inc. sponsors a self-funded health plan that covered 1,845 participants in plan year 2025, down 10% from 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
1,845 · prior year 2,044
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
HMR Veterans Services, Inc. Health and Welfare Benefit Plan, plan 505 (1,845 participants)
Broker compensation
$567K 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
Sun Life Assurance Company of CanadaDental, Vision, Life, Short-term disability, Long-term disability405$1.5M$367K
Sun Live Assurance Company of CanadaDental, Vision, Life, Short-term disability, Long-term disability510$989K$200K

Pharmacy benefit estimate

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

$4.4M/ year

Estimated prescription spend: 1,845 participants × $2,371 national average per member. Usually higher once dependents are counted.

$114K–$280K/ year

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

Brands with a generic available$33K–$83K
Lower-cost therapeutic alternatives$49K–$101K
Generic pricing vs. actual cost$21K–$63K
PBM contract terms$11K–$33K
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
HMR Veterans Services, Inc.
Sponsor EIN
20-0868983
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-0868983 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: HMR Veterans Services, 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 HMR Veterans Services, Inc..

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