Fairview Health Services

Minneapolis, MN Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
25,378Participants+3% vs. prior year
$60.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 50Health care in MNBy participants

Overview

Fairview Health Services sponsors a self-funded health plan that covered 25,378 participants in plan year 2025, up 3% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, vision, short-term disability, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
25,378 · prior year 24,747
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Fairview Health Services Welfare Benefit Plan, plan 531 (25,378 participants)
Broker compensation
$1.1M across insured contracts
MedicalLife insuranceVisionShort-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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability23,983$13.6M$613K
Unum Insurance CompanyAccident, Critical Illness, Hospital8,144$2.2M$490K
Vision Service PlanVision13,956$943K$28K
National Union Fire Ins. Co. of Pittsburgh, PAAccidental Death and Dismemberment35,237$24K$4K
Arag Insurance CompanyLegal168$21K$3K

Pharmacy benefit estimate

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

$60.2M/ year

Estimated prescription spend: 25,378 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.6M–$3.9M/ year

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

Brands with a generic available$457K–$1.1M
Lower-cost therapeutic alternatives$668K–$1.4M
Generic pricing vs. actual cost$289K–$866K
PBM contract terms$150K–$451K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 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
Fairview Health Services
Sponsor EIN
41-0991680
Plan number
531
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-0991680 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Fairview Health Services 403b Plan
Type
401(k) plan
Participants
37,036

About this data

Source: Fairview Health Services'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 Fairview Health Services.

Request a correction · Methodology