Blueprint Medicines Corporation

Cambridge, MA Professional servicesNAICS 541990

Self-funded health planPlan year 2025Renews June
708Participants+7% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#30 of 39Professional services in MABy participants

Overview

Blueprint Medicines Corporation sponsors a self-funded health plan that covered 708 participants in plan year 2025, up 7% from the prior year. The plan year starts in June. 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
708 · prior year 660
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Blueprint Medicines Corporation Modern Health Benefit, plan 503 (708 participants)
Broker compensation
$271K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross Blue Shield of Massachusetts, Inc.Medical, Prescription drug1,568$12.6M$211K
Unum Life Insurance Company of AmericaLife, Long-term disability591$882K$49K
Vision Service PlanVision519$103K$3K
Pre-Paid Legal Services Inc. DBA LegalshieldLegal Services Plan Membersships228$43K$7K
National Union Fire Ins. Co. of Pittsburgh, PAADD (BTA), AD&D (BTA)682$11K$2K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 708 participants × $2,371 national average per member. Usually higher once dependents are counted.

$44K–$108K/ year

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

Brands with a generic available$13K–$32K
Lower-cost therapeutic alternatives$19K–$39K
Generic pricing vs. actual cost$8K–$24K
PBM contract terms$4K–$13K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
Blueprint Medicines Corporation
Sponsor EIN
26-3632015
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-3632015 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Blueprint Medicines Corporation 401(k) Plan
Type
401(k) plan
Participants
769

About this data

Source: Blueprint Medicines Corporation'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 Blueprint Medicines Corporation.

Request a correction · Methodology