Americare Systems, Inc.
Overview
Americare Systems, Inc. sponsors a self-funded health plan that covered 927 participants in plan year 2024. The plan year starts in October. 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
- 927
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- Americare Systems, Inc. Single Employer Welfare Benefit Plan and Trust, plan 501 (927 participants)
- Stop-loss carrier
- Healthy Alliance Life Insurance Company
- Broker compensation
- $237K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Dental, Vision, Life, Short-term disability, Long-term disability, Cancer, Accident, Hospital | 3,096 | $922K | $194K |
| Healthy Alliance Life Insurance Company | Stop-loss | 1,192 | $464K | — |
| Delta Dental of Missouri | Dental | 1,858 | $448K | $43K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 927 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- Americare Systems, Inc.
- Sponsor EIN
- 43-1234429
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 43-1234429 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Americare Systems, Inc. Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 2,448
About this data
Source: Americare Systems, 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 Americare Systems, Inc..