Borland-Groover Clinic, P.A.
Overview
Borland-Groover Clinic, P.A. sponsors a self-funded health plan that covered 719 participants in plan year 2024. The plan year starts in May. 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
- 719
- Plan year
- Begins May 1 · next renewal May 2027
- Health plans filed
- Borland-Groover Clinic, P.A. Welfare Plan, plan 508 (719 participants)
- Stop-loss carrier
- HCC Life Insurance Company
- Broker compensation
- $261K 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 |
|---|---|---|---|---|
| HCC Life Insurance Company | Stop-loss | 565 | $823K | $48K |
| Standard Insurance Company (ltd) | Long-term disability | 715 | $350K | $58K |
| Standard Insurance Company (dental) | Dental | 531 | $350K | $44K |
| Standard Insurance Company (STD) | Short-term disability | 270 | $173K | $28K |
| Standard Insurance Company (life) | Life | 719 | $140K | $34K |
| Continental American Insurance Company | Short-term disability | 232 | $134K | $30K |
| Standard Insurance Company (vision) | Vision | 460 | $65K | $16K |
| Unum Life Insurance Company of America | Group Long Term Care | 85 | $32K | $4K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 719 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
- Borland-Groover Clinic, P.A.
- Sponsor EIN
- 59-1784470
- Plan number
- 508
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 59-1784470 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Borland-Groover Clinic, P.A. Profit Sharing Plan and Trust
- Type
- 401(k) plan
- Participants
- 998
About this data
Source: Borland-Groover Clinic, P.A.'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 Borland-Groover Clinic, P.A..