Owensboro Health, Inc.

Owensboro, KY Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
4,743Participants+3% vs. prior year
$11.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 33Health care in KYBy participants

Overview

Owensboro Health, Inc. sponsors a self-funded health plan that covered 4,743 participants in plan year 2025, up 3% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
4,743 · prior year 4,591
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Owensboro Health, Inc. Wrap Around Welfare Benefits Plan, plan 508 (4,743 participants)
Broker compensation
$249K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of KentuckyDental5,861$1.7M—
Unum Insurance CompanyCritical Illness, Hospital Indemnity, Accident917$503K$70K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision5,127$449K—
Transamerica Life Insurance CompanyLife333$172K$164K
Massachusetts Mutual Life Insurance CompanyLong-term disability32$79K$15K

Pharmacy benefit estimate

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

$11.2M/ year

Estimated prescription spend: 4,743 participants × $2,371 national average per member. Usually higher once dependents are counted.

$292K–$721K/ year

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

Brands with a generic available$85K–$214K
Lower-cost therapeutic alternatives$125K–$261K
Generic pricing vs. actual cost$54K–$162K
PBM contract terms$28K–$84K
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
Owensboro Health, Inc.
Sponsor EIN
61-1286361
Plan number
508
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 61-1286361 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Owensboro Health 403(b) Safe Harbor Plan
Type
Defined contribution plan
Participants
4,565

About this data

Source: Owensboro Health, Inc.'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 Owensboro Health, Inc..

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