Lifesouth Community Blood Centers, Inc.

Gainesville, FL Health careNAICS 621900

Self-funded health planPlan year 2024Renews December
1,024ParticipantsFirst year on file
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Dec 2026Next renewalPlan year begins December 1
#50 of 89Health care in FLBy participants

Overview

Lifesouth Community Blood Centers, Inc. sponsors a self-funded health plan that covered 1,024 participants in plan year 2024. The plan year starts in December. 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
1,024
Plan year
Begins December 1 · next renewal December 2026
Health plans filed
Lifesouth Community Blood Centers, Inc. Cafeteria Plan, plan 503 (1,024 participants)
Stop-loss carrier
Blue Cross and Blue Shield of Florida, Inc.
Broker compensation
$118K 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
Blue Cross and Blue Shield of Florida, Inc.Medical, Stop-loss637$451K—
Hartford Life and AccidentLife, Short-term disability, Long-term disability902$407K$72K
Metropolitan Life Insurance CompanyDental, Vision1,057$329K$41K
RX Benefits, Inc.Prescription drug639—$6K

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,024 participants × $2,371 national average per member. Usually higher once dependents are counted.

$63K–$156K/ year

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

Brands with a generic available$18K–$46K
Lower-cost therapeutic alternatives$27K–$56K
Generic pricing vs. actual cost$12K–$35K
PBM contract terms$6K–$18K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning December 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
Lifesouth Community Blood Centers, Inc.
Sponsor EIN
59-1545914
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-1545914 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lifesouth 403(b) Plan
Type
Defined contribution plan
Participants
1,283

About this data

Source: Lifesouth Community Blood Centers, 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 Lifesouth Community Blood Centers, Inc..

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