LHC Group, Inc.

Lafayette, LA Health careNAICS 621610

Self-funded health planPlan year 2024Renews October
15,774ParticipantsFirst year on file
$37.4MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#1 of 22Health care in LABy participants

Overview

LHC Group, Inc. sponsors a self-funded health plan that covered 15,774 participants in plan year 2024. The plan year starts in October. 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
15,774
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
LHC Group Benefit Plan, plan 501 (15,774 participants)
Broker compensation
$410K 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
Equitable Financial Life Insurance Company of America—14,782$6.3M$107K
United Concordia Insurance Company—11,769$6.0M$11K
Relistar Life Insurance Company—7,156$3.4M$158K
Metropolitan Life Insurance Company—10,254$1.1M$122K
Aetna Life Insurance Company—130$137K$12K

Pharmacy benefit estimate

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

$37.4M/ year

Estimated prescription spend: 15,774 participants × $2,371 national average per member. Usually higher once dependents are counted.

$972K–$2.4M/ year

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

Brands with a generic available$284K–$711K
Lower-cost therapeutic alternatives$415K–$868K
Generic pricing vs. actual cost$180K–$539K
PBM contract terms$94K–$281K
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
LHC Group, Inc.
Sponsor EIN
71-0918189
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 71-0918189 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: LHC Group, Inc.'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 LHC Group, Inc..

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