Law Enforcement Health Benefits, Inc.

Philadelphia, PA Finance & insuranceNAICS 525100

Self-funded health planPlan year 2024Renews July
7,611ParticipantsFirst year on file
$18.0MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#5 of 34Finance & insurance in PABy participants

Overview

Law Enforcement Health Benefits, Inc. sponsors a self-funded health plan that covered 7,611 participants in plan year 2024. The plan year starts in July.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
7,611
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Law Enforcement Health Benefits, Inc., plan 501 (7,611 participants)
Medical

Pharmacy benefit estimate

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

$18.0M/ year

Estimated prescription spend: 7,611 participants × $2,371 national average per member. Usually higher once dependents are counted.

$469K–$1.2M/ year

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

Brands with a generic available$137K–$343K
Lower-cost therapeutic alternatives$200K–$419K
Generic pricing vs. actual cost$87K–$260K
PBM contract terms$45K–$135K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Law Enforcement Health Benefits, Inc.
Sponsor EIN
23-2458715
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-2458715 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Law Enforcement Health Benefits, Inc.'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 Law Enforcement Health Benefits, Inc..

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