Shannon Medical Center
Overview
Shannon Medical Center sponsors a self-funded health plan that covered 4,913 participants in plan year 2025, up 8% 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
- 4,913 · prior year 4,560
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Employee Safety Program Benefit Plan, plan 503 (4,913 participants); Shannon Medical Center Health Plan, plan 501 (3,879 participants)
- Broker compensation
- $603K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| The Lincoln National Life Insurance Company | Life, Short-term disability, Long-term disability | 3,837 | $2.6M | $448K |
| Reliastar Life Insurance Company | Accident, Critical Illness | 1,994 | $554K | $122K |
| Vision Service Plan | Vision | 2,703 | $334K | $33K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,913 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Shannon Medical Center
- Sponsor EIN
- 75-2559845
- Plan numbers
- 503, 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 75-2559845 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Shannon Medical Center 401(k) Savings and Retirement Plan
- Type
- 401(k) plan
- Participants
- 6,119
About this data
Source: Shannon 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 Shannon Medical Center.