Tennessee Farmers Mutual Insurance Company

Columbia, TN Finance & insuranceNAICS 524150

Self-funded health planPlan year 2025Renews January
1,267Participants+2% vs. prior year
$3.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 8Finance & insurance in TNBy participants

Overview

Tennessee Farmers Mutual Insurance Company sponsors a self-funded health plan that covered 1,267 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports dental.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,267 · prior year 1,247
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Tennessee Farmers Mutual Insurance Company Medical Plan, plan 521 (1,267 participants)
MedicalDental

Pharmacy benefit estimate

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

$3.0M/ year

Estimated prescription spend: 1,267 participants × $2,371 national average per member. Usually higher once dependents are counted.

$78K–$193K/ year

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

Brands with a generic available$23K–$57K
Lower-cost therapeutic alternatives$33K–$70K
Generic pricing vs. actual cost$14K–$43K
PBM contract terms$8K–$23K
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
Tennessee Farmers Mutual Insurance Company
Sponsor EIN
62-0516475
Plan number
521
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-0516475 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Retirement Plan of Tennessee Farmers Mutual Insura
Type
Pension plan
Participants
1,419

About this data

Source: Tennessee Farmers Mutual Insurance Company'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 Tennessee Farmers Mutual Insurance Company.

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