Weirton Medical Center

Weirton, WV Health careNAICS 622000

Self-funded health planPlan year 2024Renews JanuaryCollectively bargained
1,239ParticipantsFirst year on file
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 7Health care in WVBy participants

Overview

Weirton Medical Center sponsors a self-funded health plan that covered 1,239 participants in plan year 2024. 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
1,239
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Weirton Medical Center Employee Benefit Plan, plan 501 (1,239 participants)
Broker compensation
$154K 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
Metropolitan Life Insurance CompanyVision, Life, Short-term disability, Long-term disability1,931$1.0M$115K
Delta Dental of West VirginiaDental1,744$391K$39K

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,239 participants × $2,371 national average per member. Usually higher once dependents are counted.

$76K–$188K/ year

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

Brands with a generic available$22K–$56K
Lower-cost therapeutic alternatives$33K–$68K
Generic pricing vs. actual cost$14K–$42K
PBM contract terms$7K–$22K
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 2024
Plan sponsor
Weirton Medical Center
Sponsor EIN
55-0387249
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 55-0387249 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Weirton Medical Center Supplemental Retirement Income Plan
Type
Defined contribution plan
Participants
1,678

About this data

Source: Weirton Medical Center'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 Weirton Medical Center.

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