Life Flight Network, LLC

Aurora, OR Health careNAICS 621900

Self-funded health planPlan year 2024Renews January
947ParticipantsFirst year on file
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#14 of 25Health care in ORBy participants

Overview

Life Flight Network, LLC sponsors a self-funded health plan that covered 947 participants in plan year 2024. 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
947
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Life Flight Network, LLC Health and Welfare Plan, plan 501 (947 participants)
Broker compensation
$108K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Accident, Short-term disability, Long-term disability, Critical Illness, Hospital888$1.6M$105K
CanopyLife, Short-term disability, Long-term disability894$231K—
Vision Service PlanVision855$149K$3K

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 947 participants × $2,371 national average per member. Usually higher once dependents are counted.

$58K–$144K/ year

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

Brands with a generic available$17K–$43K
Lower-cost therapeutic alternatives$25K–$52K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
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 2024
Plan sponsor
Life Flight Network, LLC
Sponsor EIN
20-5016802
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-5016802 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Life Flight Network, LLC 401(k) Plan
Type
401(k) plan
Participants
1,152

About this data

Source: Life Flight Network, LLC'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 Life Flight Network, LLC.

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