Scotland Health Care System

Laurinburg, NC Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
1,100Participants+7% vs. prior year
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#21 of 46Health care in NCBy participants

Overview

Scotland Health Care System sponsors a self-funded health plan that covered 1,100 participants in plan year 2025, up 7% from the prior year. 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
1,100 · prior year 1,026
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Scotland Health Care System Employee Group Benefits Plan, plan 501 (1,100 participants)
Broker compensation
$76K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Lincoln National Life Insurance CompanyLong-term disability, Life, Hospital Indemnity, Accident, Critical Illness, Short-term disability1,100$1.0M$72K
Provident Life and Accident Insurance CompanyLife211$79K$4K

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,100 participants × $2,371 national average per member. Usually higher once dependents are counted.

$68K–$167K/ year

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

Brands with a generic available$20K–$50K
Lower-cost therapeutic alternatives$29K–$61K
Generic pricing vs. actual cost$13K–$38K
PBM contract terms$7K–$20K
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
Scotland Health Care System
Sponsor EIN
56-0583151
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 56-0583151 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Scotland Memorial Hospital, Inc. 403(b) Retirement Plan
Type
401(k) plan
Participants
1,983

About this data

Source: Scotland Health Care System'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 Scotland Health Care System.

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