Meridian Health Services Corp.

Muncie, IN Health careNAICS 621420

Self-funded health planPlan year 2025Renews January
820Participants+2% vs. prior year
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#27 of 36Health care in INBy participants

Overview

Meridian Health Services Corp. sponsors a self-funded health plan that covered 820 participants in plan year 2025, about the same as the prior year. The plan year starts in January.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
820 · prior year 807
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Meridian Health Services Group Benefit Plan, plan 502 (820 participants)
Stop-loss carrier
HM Insurance Group
Medical

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
HM Insurance GroupStop-loss809$2.4M—

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 820 participants × $2,371 national average per member. Usually higher once dependents are counted.

$51K–$125K/ year

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

Brands with a generic available$15K–$37K
Lower-cost therapeutic alternatives$22K–$45K
Generic pricing vs. actual cost$9K–$28K
PBM contract terms$5K–$15K
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
Meridian Health Services Corp.
Sponsor EIN
35-1302836
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-1302836 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Meridian Health Services Corp. 401(k) Plan
Type
401(k) plan
Participants
1,439

About this data

Source: Meridian Health Services Corp.'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 Meridian Health Services Corp..

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