Riverside Medical Center

Kankakee, IL Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
1,477Participants+5% vs. prior year
$3.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#32 of 65Health care in ILBy participants

Overview

Riverside Medical Center sponsors a self-funded health plan that covered 1,477 participants in plan year 2025, up 5% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports dental.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,477 · prior year 1,410
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Riverside Medical Center Employee Health Plan, plan 505 (1,477 participants)
MedicalDental

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Rockport Benefits - Fairco—1,552$1.1M—

Pharmacy benefit estimate

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

$3.5M/ year

Estimated prescription spend: 1,477 participants × $2,371 national average per member. Usually higher once dependents are counted.

$91K–$224K/ year

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

Brands with a generic available$27K–$67K
Lower-cost therapeutic alternatives$39K–$81K
Generic pricing vs. actual cost$17K–$50K
PBM contract terms$9K–$26K
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
Riverside Medical Center
Sponsor EIN
36-2414944
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-2414944 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Riverside Medical Center'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 Riverside Medical Center.

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