Newton Healthcare Corporation

Newton, KS Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
848Participants+15% vs. prior year
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#13 of 18Health care in KSBy participants

Overview

Newton Healthcare Corporation sponsors a self-funded health plan that covered 848 participants in plan year 2025, up 15% from the prior year. The plan year starts in January. 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
848 · prior year 735
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Newton Healthcare Corporation Health Care Plan, plan 502 (848 participants)
Stop-loss carrier
Granular Insurance Company
Broker compensation
$181K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Granular Insurance CompanyStop-loss412$716K$126K
Unum Life Insurance Co. of AmericaLife, Long-term disability, Short Term Disability694$282K$24K
Unum Life Insurance Company of AmericaLife224$98K$18K
Eyemed Vision CareVision847$47K$4K
Delta DentalDental467$33K—
Unum Insurance CompanyGRP Accident, Critical Illness, Hospital EE Paid44$25K$7K
Medical Air Services Association, Inc.Accident, Emergency Transportation76$15K$1K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 848 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$129K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$47K
Generic pricing vs. actual cost$10K–$29K
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
Newton Healthcare Corporation
Sponsor EIN
48-1040759
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 48-1040759 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Newton Healthcare Corporation 401k Retirement Plan
Type
401(k) plan
Participants
1,078

About this data

Source: Newton Healthcare Corporation'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 Newton Healthcare Corporation.

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