Florida Health Sciences Center, Inc.

Tampa, FL Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
15,831Participants0% vs. prior year
$37.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 89Health care in FLBy participants

Overview

Florida Health Sciences Center, Inc. sponsors a self-funded health plan that covered 15,831 participants in plan year 2025, about the same as the prior year. The plan year starts in January. 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
15,831 · prior year 15,831
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Florida Health Sciences Center, Inc. Group Welfare Benefits Plan, plan 501 (15,831 participants)
Broker compensation
$4.3M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability13,589$11.9M$1.8M
Delta Dental Insurance CompanyDental21,159$7.4M$744K
The Lincoln National Life Insurance CompanyAccident, Critical Illness, Hospital5,699$2.9M$843K
Combined Insurance CompanyLife3,342$2.3M$717K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision16,969$1.4M$125K
American Heritage Life Insurance CompanyLife1,136$740K$29K
Metropolitan General Insurance CompanyLegal1,602$258K$30K

Pharmacy benefit estimate

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

$37.5M/ year

Estimated prescription spend: 15,831 participants × $2,371 national average per member. Usually higher once dependents are counted.

$976K–$2.4M/ year

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

Brands with a generic available$285K–$713K
Lower-cost therapeutic alternatives$417K–$871K
Generic pricing vs. actual cost$180K–$541K
PBM contract terms$94K–$282K
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
Florida Health Sciences Center, Inc.
Sponsor EIN
59-3458145
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-3458145 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Florida Health Sciences Center 403(b) Savings Plan
Type
Defined contribution plan
Participants
17,449

About this data

Source: Florida Health Sciences Center, Inc.'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 Florida Health Sciences Center, Inc..

Request a correction · Methodology