Lyondell Chemical Company

Houston, TX ManufacturingNAICS 325900

Self-funded health planPlan year 2025Renews January
3,095Participants-33% vs. prior year
$7.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#30 of 149Manufacturing in TXBy participants

Overview

Lyondell Chemical Company sponsors a self-funded health plan that covered 3,095 participants in plan year 2025, down 33% from the prior year. The plan year starts in January. 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
3,095 · prior year 4,619
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Lyondellbasell Retiree Medical Plan, plan 523 (3,095 participants); Discontinued Operations Health Plan, plan 501 (375 participants)
Broker compensation
$535K 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
Metropolitan Life Insurance CompanyLife, Medical19,514$10.8M$428K
Life Insurance Company of North AmericaLong-term disability7,317$6.5M$63K
Vision Service PlanVision6,503$1.5M—
MetLife Legal PlansLegal1,250$331K$40K
Federal Insurance CompanyAccidental Death and Dismemberment7,993$32K$5K

Pharmacy benefit estimate

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

$7.3M/ year

Estimated prescription spend: 3,095 participants × $2,371 national average per member. Usually higher once dependents are counted.

$191K–$470K/ year

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

Brands with a generic available$56K–$139K
Lower-cost therapeutic alternatives$81K–$170K
Generic pricing vs. actual cost$35K–$106K
PBM contract terms$18K–$55K
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
Lyondell Chemical Company
Sponsor EIN
95-4160558
Plan numbers
523, 501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-4160558 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lyondellbasell Pension Plan
Type
Pension plan
Participants
14,052

About this data

Source: Lyondell Chemical 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 Lyondell Chemical Company.

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