Commcare Corporation

Mandeville, LA Health careNAICS 621399

Self-funded health planPlan year 2024Renews September
834ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#16 of 22Health care in LABy participants

Overview

Commcare Corporation sponsors a self-funded health plan that covered 834 participants in plan year 2024. The plan year starts in September. 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
834
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Commcare Corporation Employee Benefits Plan, plan 501 (834 participants)
Stop-loss carrier
Symetra Life Insurance Co.
Broker compensation
$200K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Symetra Life Insurance Co.Stop-loss836$1.1M—
Life Insurance Company of North AmericaLife, Long-term disability, Supplemental AD&D, Dependent AD&D, Short-term disability, AD&D952$801K$155K
Colonial Life & Accident Insurance CompanyCritical Illness, Hospital Indemnity191$133K$33K
Vision Service PlanVision834$81K$12K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 834 participants × $2,371 national average per member. Usually higher once dependents are counted.

$51K–$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$9K–$28K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Commcare Corporation
Sponsor EIN
72-0996315
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 72-0996315 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Commcare Corporation 401(k) Plan
Type
401(k) plan
Participants
2,378

About this data

Source: Commcare Corporation'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 Commcare Corporation.

Request a correction · Methodology