Healthcare Services Group, Inc.

Bensalem, PA Business servicesNAICS 561210

Self-funded health planPlan year 2025Renews January
1,794Participants0% vs. prior year
$4.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 12Business services in PABy participants

Overview

Healthcare Services Group, Inc. sponsors a self-funded health plan that covered 1,794 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
1,794 · prior year 1,794
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Healthcare Services Group Texas Employee Injury Care Plan, plan 512 (1,794 participants)
Broker compensation
$659K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross Blue Shield of MichiganMedical, Prescription drug, PPO1,231$9.2M$275K
United States Fire Insurance CompanyMedical1,075$8.5M—
Blue Cross Blue Shield of Massachusetts, Inc.Medical, Prescription drug, HMO, PPO221$3.3M$60K
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability8,045$2.9M$296K
Highmark Inc.Medical, Prescription drug215$1.5M$23K
Blue Cross and Blue Shield of AlabamaMedical, Prescription drug, PPO78$802K—
Reliance Standard Life Insurance CompanyAccidental Death and Dismemberment3,129$3K$25

Pharmacy benefit estimate

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

$4.3M/ year

Estimated prescription spend: 1,794 participants × $2,371 national average per member. Usually higher once dependents are counted.

$111K–$273K/ year

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

Brands with a generic available$32K–$81K
Lower-cost therapeutic alternatives$47K–$99K
Generic pricing vs. actual cost$20K–$61K
PBM contract terms$11K–$32K
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
Healthcare Services Group, Inc.
Sponsor EIN
23-2018365
Plan number
512
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-2018365 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Healthcare Services Group, 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 Healthcare Services Group, Inc..

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