Kentucky Farm Bureau Mutual Insurance Company

Louisville, KY Finance & insuranceNAICS 524150

Self-funded health planPlan year 2025Renews January
1,143Participants+11% vs. prior year
$2.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 7Finance & insurance in KYBy participants

Overview

Kentucky Farm Bureau Mutual Insurance Company sponsors a self-funded health plan that covered 1,143 participants in plan year 2025, up 11% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports dental, vision.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,143 · prior year 1,029
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Kentucky Farm Bureau Mutual Insurance Company Health & Welfare Plan, plan 511 (1,143 participants)
Broker compensation
$85K across insured contracts
MedicalDentalVisionOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Anthem Blue Cross & Blue ShieldMedical, Prescription drug, PPO559$2.4M$67K
Delta Dental of KentuckyDental, Vision2,066$793K$18K

Pharmacy benefit estimate

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

$2.7M/ year

Estimated prescription spend: 1,143 participants × $2,371 national average per member. Usually higher once dependents are counted.

$70K–$174K/ year

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

Brands with a generic available$21K–$51K
Lower-cost therapeutic alternatives$30K–$63K
Generic pricing vs. actual cost$13K–$39K
PBM contract terms$7K–$20K
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
Kentucky Farm Bureau Mutual Insurance Company
Sponsor EIN
61-0392792
Plan number
511
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 61-0392792 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Kentucky Farm Bureau Mutual Insurance Company 401(k) Plan
Type
401(k) plan
Participants
856

About this data

Source: Kentucky Farm Bureau Mutual Insurance Company'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 Kentucky Farm Bureau Mutual Insurance Company.

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