Selectquote, Inc.

Overland Park, KS Finance & insuranceNAICS 524290

Self-funded health planPlan year 2025Renews January
4,876Participants+9% vs. prior year
$11.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 7Finance & insurance in KSBy participants

Overview

Selectquote, Inc. sponsors a self-funded health plan that covered 4,876 participants in plan year 2025, up 9% 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
4,876 · prior year 4,488
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Selectquote, Inc. Group Welfare Plan, plan 501 (4,876 participants)
Broker compensation
$486K 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
Hartford Life and AccidentLife, Short-term disability, Long-term disability4,876$2.0M$237K
Metropolitan Life Insurance CompanyVision, Life5,406$1.6M$248K
Curalinc LLCEmployee Assistance Program4,784$76K—

Pharmacy benefit estimate

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

$11.6M/ year

Estimated prescription spend: 4,876 participants × $2,371 national average per member. Usually higher once dependents are counted.

$301K–$741K/ year

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

Brands with a generic available$88K–$220K
Lower-cost therapeutic alternatives$128K–$268K
Generic pricing vs. actual cost$55K–$166K
PBM contract terms$29K–$87K
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
Selectquote, Inc.
Sponsor EIN
68-0027389
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 68-0027389 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Selectquote, 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 Selectquote, Inc..

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