Ohio Living

Westerville, OH Health careNAICS 623000

Self-funded health planPlan year 2024Renews July
1,361ParticipantsFirst year on file
$3.2MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#46 of 89Health care in OHBy participants

Overview

Ohio Living sponsors a self-funded health plan that covered 1,361 participants in plan year 2024. The plan year starts in July. 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
1,361
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Ohio Living Employee Benefit Plan, plan 501 (1,361 participants)
Stop-loss carrier
HCC Life Insurance Company
Broker compensation
$41K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
HCC Life Insurance CompanyStop-loss899$599K$3K
Reliance Standard Life Insurance CompanyLife, Long-term disability1,312$518K$37K

Pharmacy benefit estimate

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

$3.2M/ year

Estimated prescription spend: 1,361 participants × $2,371 national average per member. Usually higher once dependents are counted.

$84K–$207K/ year

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

Brands with a generic available$25K–$61K
Lower-cost therapeutic alternatives$36K–$75K
Generic pricing vs. actual cost$15K–$46K
PBM contract terms$8K–$24K
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 2024
Plan sponsor
Ohio Living
Sponsor EIN
34-4429863
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-4429863 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ohio Living 403(b) Plan
Type
Defined contribution plan
Participants
5,046

About this data

Source: Ohio Living'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 Ohio Living.

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