Oneoncology, LLC

Nashville, TN Health careNAICS 621111

Self-funded health planPlan year 2024Renews January
7,636ParticipantsFirst year on file
$18.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 51Health care in TNBy participants

Overview

Oneoncology, LLC sponsors a self-funded health plan that covered 7,636 participants in plan year 2024. The plan year starts in January. 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
7,636
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Oneoncology, LLC Health and Welfare Benefits Plan, plan 501 (7,636 participants)
Broker compensation
$784K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability7,636$4.2M$403K
Delta Dental of TennesseeDental12,182$3.3M$200K
Vision Service PlanVision5,571$707K$76K
Unum Insurance CompanyCritical Illness, Accident1,304$645K$106K

Pharmacy benefit estimate

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

$18.1M/ year

Estimated prescription spend: 7,636 participants × $2,371 national average per member. Usually higher once dependents are counted.

$471K–$1.2M/ year

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

Brands with a generic available$138K–$344K
Lower-cost therapeutic alternatives$201K–$420K
Generic pricing vs. actual cost$87K–$261K
PBM contract terms$45K–$136K
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 2024
Plan sponsor
Oneoncology, LLC
Sponsor EIN
82-3416811
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 82-3416811 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Oneoncology, LLC Onerewards Retirement Plan
Type
401(k) plan
Participants
9,556

About this data

Source: Oneoncology, LLC'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 Oneoncology, LLC.

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