Mercer University

Macon, GA EducationNAICS 611000

Self-funded health planPlan year 2025Renews July
1,303Participants+3% vs. prior year
$3.1MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#3 of 9Education in GABy participants

Overview

Mercer University sponsors a self-funded health plan that covered 1,303 participants in plan year 2025, up 3% from the prior year. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,303 · prior year 1,270
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Corporation of Mercer University Employee Health Plan, plan 508 (1,303 participants)
Stop-loss carrier
Tokio Marine HCC Stop Loss
MedicalLife insuranceDentalLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
CVS PharmacyPrescription drug1,295$8.6M—
Tokio Marine HCC Stop LossStop-loss1,295$850K—
The StandartdLong-term disability1,431$698K—
Standard Insurance CompanyLife1,682$483K—
CoventryPPO1,242$77K—
P1nPPO1,295$5K—
Memorial Health PartnersPPO53$2K—

Pharmacy benefit estimate

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

$3.1M/ year

Estimated prescription spend: 1,303 participants × $2,371 national average per member. Usually higher once dependents are counted.

$80K–$198K/ year

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

Brands with a generic available$23K–$59K
Lower-cost therapeutic alternatives$34K–$72K
Generic pricing vs. actual cost$15K–$44K
PBM contract terms$8K–$23K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Mercer University
Sponsor EIN
58-0566167
Plan number
508
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 58-0566167 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Mercer University Defined Contribution Retirement Plan
Type
Defined contribution plan
Participants
3,802

About this data

Source: Mercer University'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 Mercer University.

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