Select Medical Corporation

Mechanicsburg, PA Health careNAICS 623000

Self-funded health planPlan year 2025Renews April
5,103Participants-2% vs. prior year
$12.1MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#13 of 64Health care in PABy participants

Overview

Select Medical Corporation sponsors a self-funded health plan that covered 5,103 participants in plan year 2025, down 2% from the prior year. The plan year starts in April. 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
5,103 · prior year 5,214
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Select Medical Corporation Voluntary Employee Injury Benefits Plan, plan 505 (5,103 participants)
Broker compensation
$3.1M 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
Metropolitan Life Insurance CompanyMedical, Life, Short-term disability, Long-term disability39,569$24.6M$3.1M
Delta Dental of PennsylvaniaDental21,590$12.3M—
Vision Service PlanVision19,134$2.7M—

Pharmacy benefit estimate

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

$12.1M/ year

Estimated prescription spend: 5,103 participants × $2,371 national average per member. Usually higher once dependents are counted.

$315K–$776K/ year

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

Brands with a generic available$92K–$230K
Lower-cost therapeutic alternatives$134K–$281K
Generic pricing vs. actual cost$58K–$174K
PBM contract terms$30K–$91K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Select Medical Corporation
Sponsor EIN
23-2872718
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-2872718 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Select Medical Corporation 401(k) Plan
Type
401(k) plan
Participants
60,990

About this data

Source: Select Medical Corporation'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 Select Medical Corporation.

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