McKesson Corporation - Delaware
Overview
McKesson Corporation - Delaware sponsors a self-funded health plan that covered 575 participants in plan year 2024. The plan year starts in April. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 575
- Plan year
- Begins April 1 · next renewal April 2027
- Health plans filed
- McKesson Corporation Retiree Health Reimbursement Arrangement, plan 525 (575 participants)
- Broker compensation
- $87K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Securian Life Insurance Company | Life | 27,193 | $10.0M | $30K |
| Life Insurance Company of North America | Long-term disability | 17,405 | $5.2M | $57K |
| Vision Service Plan | Vision | 20,147 | $3.3M | — |
| Kaiser Foundation Health Plan Inc. | Medical, HMO | 184 | $1.1M | — |
| Kaiser Foundation Health Plan, Inc. | Medical, HMO | 199 | $1.1M | — |
| Cigna Health and Life Insurance Company and Affiliates | Dental, HMO | 3,252 | $694K | — |
| Kaiser Foundation Health Plan of Georgia, Inc. | Medical, HMO | 62 | $326K | — |
| Kaiser Foundation Health Plan of Colorado | Medical, HMO | 54 | $305K | — |
| Hawaii Medical Service Association | Medical, HMO | 32 | $172K | — |
| Health and Human Resource Center | Employee Assistance Program | 1,482 | $39K | — |
| Zurich American Insurance Company | Business Travel Accident/ad&d | 33,036 | $500 | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 575 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- McKesson Corporation - Delaware
- Sponsor EIN
- 94-3207296
- Plan number
- 525
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 94-3207296 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- McKesson Corporation 401(k) Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 42,176
About this data
Source: McKesson Corporation - Delaware'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 McKesson Corporation - Delaware.