Corecivic of Tennessee, LLC

Brentwood, TN Other servicesNAICS 812990

Self-funded health planPlan year 2024Renews April
4,692ParticipantsFirst year on file
$11.1MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#1 of 4Other services in TNBy participants

Overview

Corecivic of Tennessee, LLC sponsors a self-funded health plan that covered 4,692 participants in plan year 2024. The plan year starts in April. 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
4,692
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Corecivic of Tennessee, LLC SCA Employee Benefit Plan, plan 507 (4,692 participants)
Stop-loss carrier
Reliastar Life Insurance Company
Broker compensation
$3.1M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Aetna Life Insurance CompanyMedical, Vision4,358$15.0M$2.6M
Hartford Life and AccidentLife, Short-term disability, Long-term disability8,127$6.9M$155K
Delta Dental Plan of TennesseeDental11,711$3.2M$160K
Bluecross Blueshield of Tennessee, Inc.Medical, Prescription drug, PPO251$1.8M$39K
Reliastar Life Insurance CompanyStop-loss2,519$972K$146K
Metropolitan Life Insurance CompanyVision10,530$866K$50
Transamerica Life Insurance CompanyMedical156$115K$22K

Pharmacy benefit estimate

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

$11.1M/ year

Estimated prescription spend: 4,692 participants × $2,371 national average per member. Usually higher once dependents are counted.

$289K–$713K/ year

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

Brands with a generic available$85K–$211K
Lower-cost therapeutic alternatives$123K–$258K
Generic pricing vs. actual cost$53K–$160K
PBM contract terms$28K–$83K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Corecivic of Tennessee, LLC
Sponsor EIN
62-1806755
Plan number
507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-1806755 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Corecivic of Tennessee, LLC'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 Corecivic of Tennessee, LLC.

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