Silver Cross Health System, Inc.

New Lenox, IL Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
2,799Participants+17% vs. prior year
$6.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#22 of 65Health care in ILBy participants

Overview

Silver Cross Health System, Inc. sponsors a self-funded health plan that covered 2,799 participants in plan year 2025, up 17% 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
2,799 · prior year 2,395
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Silver Cross Health System, Inc. Salary Conversion Cafeteria Plan, plan 504 (2,799 participants)
Broker compensation
$184K 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
Blue Cross Blue Shield of IllinoisHMO1,052$7.8M$8K
Metropolitan Life Insurance CompanyDental, Life3,963$1.8M$49K
Lincoln National Life Insurance CompanyLong-term disability, Life2,776$775K$12K
Continental American Insurance CompanyShort-term disability697$444K$114K
Vision Service PlanVision1,633$355K—

Pharmacy benefit estimate

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

$6.6M/ year

Estimated prescription spend: 2,799 participants × $2,371 national average per member. Usually higher once dependents are counted.

$173K–$425K/ year

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

Brands with a generic available$50K–$126K
Lower-cost therapeutic alternatives$74K–$154K
Generic pricing vs. actual cost$32K–$96K
PBM contract terms$17K–$50K
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
Silver Cross Health System, Inc.
Sponsor EIN
36-3185353
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-3185353 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Silver Cross Health System, 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 Silver Cross Health System, Inc..

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