Life Improvement Homecare, Inc.

Flushing, NY Health careNAICS 621610

Self-funded health planPlan year 2025Renews January
1,893ParticipantsPrior year not comparable
$4.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#44 of 137Health care in NYBy participants

Overview

Life Improvement Homecare, Inc. sponsors a self-funded health plan that covered 1,893 participants in plan year 2025. The plan year starts in January.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,893 · prior year 310
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Life Improvement Homecare, Inc. Health and Welfare Benefit Plan, plan 501 (1,893 participants)
Medical

Pharmacy benefit estimate

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

$4.5M/ year

Estimated prescription spend: 1,893 participants × $2,371 national average per member. Usually higher once dependents are counted.

$117K–$288K/ year

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

Brands with a generic available$34K–$85K
Lower-cost therapeutic alternatives$50K–$104K
Generic pricing vs. actual cost$22K–$65K
PBM contract terms$11K–$34K
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
Life Improvement Homecare, Inc.
Sponsor EIN
83-3526672
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-3526672 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Life Improvement Homecare, 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 Life Improvement Homecare, Inc..

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