Lima Memorial Joint Operating Company DBA Lima Memorial Health System

Lima, OH Health careNAICS 622000

Self-funded health planPlan year 2025Renews April
907Participants-12% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#61 of 89Health care in OHBy participants

Overview

Lima Memorial Joint Operating Company DBA Lima Memorial Health System sponsors a self-funded health plan that covered 907 participants in plan year 2025, down 12% from the prior year. The plan year starts in April. 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
907 · prior year 1,028
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Lima Memorial Health System Medical Insurance Plan, plan 501 (907 participants)
MedicalDentalVision

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Vision Service PlanVision907$456K—

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 907 participants × $2,371 national average per member. Usually higher once dependents are counted.

$56K–$138K/ year

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

Brands with a generic available$16K–$41K
Lower-cost therapeutic alternatives$24K–$50K
Generic pricing vs. actual cost$10K–$31K
PBM contract terms$5K–$16K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Lima Memorial Joint Operating Company DBA Lima Memorial Health System
Sponsor EIN
34-1883284
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1883284 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lima Memorial Health System 401(k) Plan
Type
401(k) plan
Participants
2,274

About this data

Source: Lima Memorial Joint Operating Company DBA Lima Memorial Health System'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 Lima Memorial Joint Operating Company DBA Lima Memorial Health System.

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