Advance Care Alliance of NY, Inc.

Hauppauge, NY Health careNAICS 624100

Self-funded health planPlan year 2024Renews July
1,003ParticipantsFirst year on file
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#78 of 137Health care in NYBy participants

Overview

Advance Care Alliance of NY, Inc. sponsors a self-funded health plan that covered 1,003 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
1,003
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Advance Care Alliance Health and Welfare Plan, plan 501 (1,003 participants)
Broker compensation
$80K 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
GuardianDental, Vision, Life, Short-term disability, Long-term disability998$1.0M$80K
National EAPEmployee Assistance Program971$27K—

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,003 participants × $2,371 national average per member. Usually higher once dependents are counted.

$62K–$152K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$26K–$55K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
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
Advance Care Alliance of NY, Inc.
Sponsor EIN
46-5489816
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 46-5489816 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Advance Care Alliance of New York Inc. 403(b) Plan
Type
Defined contribution plan
Participants
1,156

About this data

Source: Advance Care Alliance of NY, Inc.'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 Advance Care Alliance of NY, Inc..

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