Jennie Stuart Medical Center

Hopkinsville, KY Health careNAICS 622000

Self-funded health planPlan year 2024Renews September
680ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#20 of 33Health care in KYBy participants

Overview

Jennie Stuart Medical Center sponsors a self-funded health plan that covered 680 participants in plan year 2024. The plan year starts in September. 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
680
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Jennie Stuart Medical Center Health and Welfare Plan, plan 521 (680 participants)
Stop-loss carrier
Reliastar Life Insurance Company
Broker compensation
$204K 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
Reliastar Life Insurance CompanyStop-loss678$996K$70K
American United Life Insurance CompanyLife, Short-term disability, Long-term disability808$566K$50K
Colonial Life & Accident Insurance CompanyLife467$301K$80K
Anthem Health Plans of KY, Inc.Medical, Prescription drug, Dental, Vision, PPO678$80K$4K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 680 participants × $2,371 national average per member. Usually higher once dependents are counted.

$42K–$103K/ year

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

Brands with a generic available$12K–$31K
Lower-cost therapeutic alternatives$18K–$37K
Generic pricing vs. actual cost$8K–$23K
PBM contract terms$4K–$12K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 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
Jennie Stuart Medical Center
Sponsor EIN
61-0482973
Plan number
521
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 61-0482973 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Jennie Stuart Medical Center 403(b) Plan
Type
Defined contribution plan
Participants
1,314

About this data

Source: Jennie Stuart Medical 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 Jennie Stuart Medical Center.

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