Intercontinental Hotels Group Operating Corp.

Atlanta, GA HospitalityNAICS 721110

Self-funded health planPlan year 2024Renews October
821ParticipantsFirst year on file
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#13 of 15Hospitality in GABy participants

Overview

Intercontinental Hotels Group Operating Corp. sponsors a self-funded health plan that covered 821 participants in plan year 2024. The plan year starts in October. Alongside medical, its benefits filing reports dental, vision, short-term disability, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
821
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Intercontinental Hotels Group Operating Corp. Work-Related Injury Plan for Texas Employees, plan 506 (821 participants)
MedicalDentalVisionShort-term disabilityDeath benefitsOther welfare benefits

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 821 participants × $2,371 national average per member. Usually higher once dependents are counted.

$51K–$125K/ year

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

Brands with a generic available$15K–$37K
Lower-cost therapeutic alternatives$22K–$45K
Generic pricing vs. actual cost$9K–$28K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 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
Intercontinental Hotels Group Operating Corp.
Sponsor EIN
13-3292693
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-3292693 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Intercontinental Hotels Group Operating Corp.'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 Intercontinental Hotels Group Operating Corp..

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