MFI Healthcare TN, LLC

Brooklyn, NY Health careNAICS 623000

Self-funded health planPlan year 2025Renews March
999Participants+4% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#79 of 137Health care in NYBy participants

Overview

MFI Healthcare TN, LLC sponsors a self-funded health plan that covered 999 participants in plan year 2025, up 4% from the prior year. The plan year starts in March. 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
999 · prior year 958
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
MFI Healthcare TN, LLC Employee Benefits Plan, plan 502 (999 participants)
Broker compensation
$200K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyDental, Vision, Life, Short-term disability, Long-term disability999$1.1M$158K
Transamerica Life Insurance CompanyLife192$129K$41K

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 999 participants × $2,371 national average per member. Usually higher once dependents are counted.

$62K–$152K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$26K–$55K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
MFI Healthcare TN, LLC
Sponsor EIN
81-4621632
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-4621632 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: MFI Healthcare TN, LLC'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 MFI Healthcare TN, LLC.

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