Coadvantage Resources Inc.
Overview
Coadvantage Resources Inc. sponsors a self-funded health plan that covered 14,059 participants in plan year 2024. The plan year starts in October. 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
- 14,059
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- Coadvantage Resources Inc. Health Plan Flexible Spending Account, plan 502 (14,059 participants)
- Broker compensation
- $5.4M 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 |
|---|---|---|---|---|
| Aetna Life Insurance Co. | Medical | 24,121 | $174.1M | — |
| Blue Cross and Blue Shield of Florida | Prescription drug, HMO, PPO | 5,415 | $89.9M | — |
| Metropolitan Life Insurance Company | Medical, Dental, Vision, Life, Short-term disability, Long-term disability | 57,734 | $45.7M | $5.4M |
| Health Options, Inc. | Prescription drug, HMO, PPO | 3,334 | $41.0M | — |
| Blue Cross and Blue Shield of Alabama | Medical, Prescription drug, PPO | 2,955 | $20.6M | — |
| Kaiser Foundation Health Plan, Inc. | Medical, HMO | 1,366 | $11.2M | — |
| Aetna Health, Inc. | HMO | 809 | $4.2M | — |
| Kaiser Foundation Health Plan of Colorado | Medical, HMO | 260 | $1.4M | — |
| Kaiser Foundation Health Plan of Georgia, Inc. | Medical, HMO | 146 | $1.2M | — |
| Metropolitan General Insurance Company | Legal | 3,488 | $677K | $13K |
| University Health Alliance | Medical, Prescription drug, Dental, Vision | 50 | $391K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 14,059 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
- Coadvantage Resources Inc.
- Sponsor EIN
- 59-3434670
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 59-3434670 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Coadvantage Resources Inc.'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 Coadvantage Resources Inc..