The Connecticut Institute for the Blind Oak Hill

Hartford, CT Health careNAICS 623000

Self-funded health planPlan year 2024Renews July
741ParticipantsFirst year on file
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#18 of 21Health care in CTBy participants

Overview

The Connecticut Institute for the Blind Oak Hill sponsors a self-funded health plan that covered 741 participants in plan year 2024. The plan year starts in July. 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
741
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
CIB Group Insurance Plan, plan 502 (741 participants)
Broker compensation
$59K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath 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 disability741$356K$54K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,002$64K$5K
Cigna Health and Life Insurance Company and AffiliatesDental692$44K—

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 741 participants × $2,371 national average per member. Usually higher once dependents are counted.

$46K–$113K/ year

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

Brands with a generic available$13K–$33K
Lower-cost therapeutic alternatives$20K–$41K
Generic pricing vs. actual cost$8K–$25K
PBM contract terms$4K–$13K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
The Connecticut Institute for the Blind Oak Hill
Sponsor EIN
06-0669111
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 06-0669111 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Connecticut Institute for the Blind, Inc. Section 403(b) Plan
Type
Defined contribution plan
Participants
2,048

About this data

Source: The Connecticut Institute for the Blind Oak Hill's Form 5500 filing for plan year 2024 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 The Connecticut Institute for the Blind Oak Hill.

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