Hebrew Seniorlife

Roslindale, MA Health careNAICS 623000

Self-funded health planPlan year 2024Renews April
2,362ParticipantsFirst year on file
$5.6MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#14 of 40Health care in MABy participants

Overview

Hebrew Seniorlife sponsors a self-funded health plan that covered 2,362 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
2,362
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Hebrew Seniorlife Health and Welfare Plan, plan 506 (2,362 participants)
Broker compensation
$173K 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
Blue Cross Blue Shield of Massachusetts, Inc.Dental2,096$1.1M$24K
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,321$768K$136K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,535$116K$9K
CuralincEmployee Assistance Program2,362$38K—
Metropolitan Property and Casualty Insurance CompanyLegal140$35K$4K

Pharmacy benefit estimate

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

$5.6M/ year

Estimated prescription spend: 2,362 participants × $2,371 national average per member. Usually higher once dependents are counted.

$146K–$359K/ year

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

Brands with a generic available$43K–$106K
Lower-cost therapeutic alternatives$62K–$130K
Generic pricing vs. actual cost$27K–$81K
PBM contract terms$14K–$42K
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
Hebrew Seniorlife
Sponsor EIN
04-2104298
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-2104298 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Hebrew Seniorlife'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 Hebrew Seniorlife.

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