Lifespan Corporation D/b/a Brown University Health

Providence, RI Health careNAICS 622000

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
16,876Participants+10% vs. prior year
$40.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 6Health care in RIBy participants

Overview

Lifespan Corporation D/b/a Brown University Health sponsors a self-funded health plan that covered 16,876 participants in plan year 2025, up 10% from the prior year. 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
16,876 · prior year 15,388
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Brown University Health Welfare Benefit Plan, plan 501 (16,876 participants)
Broker compensation
$623K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Minnesota Life Insurance CompanyLife16,024$3.9M$293K
Life Insurance Company of North AmericaLong-term disability, Statutory Disability15,330$1.9M$329K
Arag Insurance CompanyLegal5,580$564K—
Employee Network, Inc.Employee Assistance Program22,607$443K—
Unum Life Insurance Company of AmericaHIV60$17K$784

Pharmacy benefit estimate

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

$40.0M/ year

Estimated prescription spend: 16,876 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.0M–$2.6M/ year

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

Brands with a generic available$304K–$760K
Lower-cost therapeutic alternatives$444K–$928K
Generic pricing vs. actual cost$192K–$576K
PBM contract terms$100K–$300K
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
Lifespan Corporation D/b/a Brown University Health
Sponsor EIN
22-2861978
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-2861978 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Brown Health 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
25,935

About this data

Source: Lifespan Corporation D/b/a Brown University Health'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 Lifespan Corporation D/b/a Brown University Health.

Request a correction · Methodology