Family Healthcare Network

Visalia, CA Health careNAICS 624100

Self-funded health planPlan year 2024Renews March
1,227ParticipantsFirst year on file
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#37 of 68Health care in CABy participants

Overview

Family Healthcare Network sponsors a self-funded health plan that covered 1,227 participants in plan year 2024. The plan year starts in March. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,227
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
Family Healthcare Network Health & Welfare Plan, plan 501 (1,227 participants)
Broker compensation
$64K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther 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, Long-term disability, Lifestyle AD&D & Lifestyle Life Insuranc1,787$595K$64K

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,227 participants × $2,371 national average per member. Usually higher once dependents are counted.

$76K–$186K/ year

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

Brands with a generic available$22K–$55K
Lower-cost therapeutic alternatives$32K–$67K
Generic pricing vs. actual cost$14K–$42K
PBM contract terms$7K–$22K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
Family Healthcare Network
Sponsor EIN
94-2525145
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 94-2525145 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Family Healthcare Network'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 Family Healthcare Network.

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