Bluegrass Health Partners

Brooklyn, NY Health careNAICS 623000

Self-funded health planPlan year 2024Renews February
836ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Feb 2027Next renewalPlan year begins February 1
#93 of 137Health care in NYBy participants

Overview

Bluegrass Health Partners sponsors a self-funded health plan that covered 836 participants in plan year 2024. The plan year starts in February. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
836
Plan year
Begins February 1 · next renewal February 2027
Health plans filed
Kentucky Health Benefit Trust, plan 501 (836 participants)
Stop-loss carrier
Sun Life and Health Insurance Company
Broker compensation
$554K across insured contracts
MedicalLife insuranceDentalShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Continental American Insurance CompanyShort-term disability487$817K$258K
Sun Life and Health Insurance CompanyStop-loss938$531K$87K
Delta Dental of KentuckyDental1,427$263K$6K
Metropolitan Life Insurance CompanyLong-term disability, Life1,400$211K$47K
Combined InsuranceLife190$129K$56K
Combined Insurance CompanyLife139$109K$100K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 836 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$127K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$46K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning February 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
Bluegrass Health Partners
Sponsor EIN
81-1010658
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-1010658 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Bluegrass Health Partners'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 Bluegrass Health Partners.

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