Baptist Health Care

Pensacola, FL Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
3,763Participants+1% vs. prior year
$8.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#15 of 89Health care in FLBy participants

Overview

Baptist Health Care sponsors a self-funded health plan that covered 3,763 participants in plan year 2025, about the same as the prior year. 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
3,763 · prior year 3,725
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Baptist Health Care Welfare Benefits Plan, plan 512 (3,763 participants)
Stop-loss carrier
Gerber Life Insurance Company; Liberty Insurance Underwriters Inc.
Broker compensation
$521K 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
Usable LifeAD&D, Group Term Life, Long-term disability, Short-term disability, Voluntary Group Term Life, Voluntary AD & D3,762$2.5M$353K
Liberty Insurance Underwriters Inc.Stop-loss2,880$519K—
Fidelity Security Life Insurance CompanyVision5,125$351K$35K
Reliastar Life Insurance CompanyAccident Voluntary Employee, Hospital Confinement Voluntary Employee1,502$285K$49K
Reliastar Life Insuance CompanyCritical Illness Voluntary Employee917$210K$61K
Employee Services LLCEmployee Assistance Program4,585$74K$4K
Florida Combined LifeDental2,984$66K—
Medical Air Services Assoc of Florida Inc.Emergency Transportation247$43K$9K
Metropolitan General Insurance CompanyLegal Servies177$43K$7K
Amfirst/uvpVision611$30K$4K

Pharmacy benefit estimate

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

$8.9M/ year

Estimated prescription spend: 3,763 participants × $2,371 national average per member. Usually higher once dependents are counted.

$232K–$572K/ year

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

Brands with a generic available$68K–$170K
Lower-cost therapeutic alternatives$99K–$207K
Generic pricing vs. actual cost$43K–$128K
PBM contract terms$22K–$67K
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
Baptist Health Care
Sponsor EIN
59-0657322
Plan number
512
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-0657322 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Baptist Health Care, Inc. Retirement Savings 403(b) Plan
Type
Defined contribution plan
Participants
7,038

About this data

Source: Baptist Health Care'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 Baptist Health Care.

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