Honorhealth

Scottsdale, AZ Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
11,580Participants+4% vs. prior year
$27.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 40Health care in AZBy participants

Overview

Honorhealth sponsors a self-funded health plan that covered 11,580 participants in plan year 2025, up 4% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
11,580 · prior year 11,109
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Honorhealth Employee Benefit Plan, plan 501 (11,580 participants)
Broker compensation
$1.9M across insured contracts
MedicalLife insuranceDentalVisionPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital13,021$4.7M$1.5M
Reliance Standard Life Insurance CompanyLong-term disability11,580$3.6M$198K
Hartford Life and AccidentLife, Accidental Death and Dismemberment9,311$2.7M$105K
UnitedHealthcare Insurance CompanyVision15,392$719K—
Vision Service PlanVision4,379$631K—
Metropolitan General Insurance CompanyLegal1,993$475K$49K
Unum Life Insurance Company of AmericaLong Term Care773$357K$80K

Pharmacy benefit estimate

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

$27.5M/ year

Estimated prescription spend: 11,580 participants × $2,371 national average per member. Usually higher once dependents are counted.

$714K–$1.8M/ year

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

Brands with a generic available$209K–$522K
Lower-cost therapeutic alternatives$305K–$637K
Generic pricing vs. actual cost$132K–$395K
PBM contract terms$69K–$206K
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
Honorhealth
Sponsor EIN
86-0181654
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 86-0181654 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Honor Health 403(b) Retirement Security Plan
Type
Defined contribution plan
Participants
24,168

About this data

Source: Honorhealth'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 Honorhealth.

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