Saint Luke's Health System

Kansas City, MO Health careNAICS 622000

Self-funded health planPlan year 2024Renews January
9,204ParticipantsFirst year on file
$21.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 35Health care in MOBy participants

Overview

Saint Luke's Health System sponsors a self-funded health plan that covered 9,204 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
9,204
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Saint Luke's Employee Welfare Benefit Plan, plan 501 (9,204 participants)
Broker compensation
$331K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability9,364$7.3M$331K
Vision Service PlanVision8,328$1.4M—
Zurich American Insurance CompanyBusiness Travel Accident11,056——

Pharmacy benefit estimate

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

$21.8M/ year

Estimated prescription spend: 9,204 participants × $2,371 national average per member. Usually higher once dependents are counted.

$567K–$1.4M/ year

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

Brands with a generic available$166K–$415K
Lower-cost therapeutic alternatives$242K–$506K
Generic pricing vs. actual cost$105K–$314K
PBM contract terms$55K–$164K
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
Saint Luke's Health System
Sponsor EIN
43-1747502
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 43-1747502 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Saint Luke's 403(b) Plan
Type
401(k) plan
Participants
16,694

About this data

Source: Saint Luke's Health System'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 Saint Luke's Health System.

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