Blue Cross and Blue Shield of Nebraska

Omaha, NE Finance & insuranceNAICS 524140

Self-funded health planPlan year 2025Renews January
1,513Participants0% vs. prior year
$3.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 10Finance & insurance in NEBy participants

Overview

Blue Cross and Blue Shield of Nebraska sponsors a self-funded health plan that covered 1,513 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
1,513 · prior year 1,513
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Blue Cross and Blue Shield of Nebraska Wrap Plan, plan 520 (1,513 participants)
Broker compensation
$173K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyLife, Long-term disability1,461$1.1M$140K
Eyemed Vision Care on Behalf of the Fidelity Security Life Ins CompanyVision2,064$157K$17K
Combined InsuranceLong Term Care85$85K$10K
Pre-Paid Legal Services, Inc. DBA LegalshieldLegal201$38K$6K

Pharmacy benefit estimate

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

$3.6M/ year

Estimated prescription spend: 1,513 participants × $2,371 national average per member. Usually higher once dependents are counted.

$93K–$230K/ year

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

Brands with a generic available$27K–$68K
Lower-cost therapeutic alternatives$40K–$83K
Generic pricing vs. actual cost$17K–$52K
PBM contract terms$9K–$27K
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
Blue Cross and Blue Shield of Nebraska
Sponsor EIN
47-0095156
Plan number
520
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-0095156 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Tax-Favored Savings Program
Type
401(k) plan
Participants
1,785

About this data

Source: Blue Cross and Blue Shield of Nebraska'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 Blue Cross and Blue Shield of Nebraska.

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