Laurel Health Care Company

Westerville, OH Health careNAICS 623000

Self-funded health planPlan year 2025Renews March
3,411Participants+6% vs. prior year
$8.1MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#22 of 89Health care in OHBy participants

Overview

Laurel Health Care Company sponsors a self-funded health plan that covered 3,411 participants in plan year 2025, up 6% from the prior year. The plan year starts in March. 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
3,411 · prior year 3,210
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
Laurel Health Care Company Employee Benefit Plan, plan 501 (3,411 participants)
Broker compensation
$1.3M 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
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability3,411$2.6M$562K
Combined Insurance Company of AmericaAccident, Critical Illness, Hospital3,202$1.0M$388K
Combined Insurance CompanyLife653$387K$360K

Pharmacy benefit estimate

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

$8.1M/ year

Estimated prescription spend: 3,411 participants × $2,371 national average per member. Usually higher once dependents are counted.

$210K–$518K/ year

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

Brands with a generic available$61K–$154K
Lower-cost therapeutic alternatives$90K–$188K
Generic pricing vs. actual cost$39K–$116K
PBM contract terms$20K–$61K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
Laurel Health Care Company
Sponsor EIN
34-1558659
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1558659 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Laurel Health Care 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 Laurel Health Care Company.

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