Miami Jewish Health Systems

Miami, FL Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
890Participants+67% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#60 of 89Health care in FLBy participants

Overview

Miami Jewish Health Systems sponsors a self-funded health plan that covered 890 participants in plan year 2025, up 67% 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
890 · prior year 532
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Miami Jewish Health Systems Employee Benefit Plan, plan 530 (890 participants)
Broker compensation
$289K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability890$667K$67K
Cigna Health and Life Insurance Company and AffiliatesDental, Vision886$299K$106K
Cigna Health and Life Insurance CompanyAccident, Critical Illness, Hospital890$193K$108K
Trustmark Insurance CompanyLife43$31K$6K
Preferred Legal PlanLegal135$15K—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 890 participants × $2,371 national average per member. Usually higher once dependents are counted.

$55K–$135K/ year

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

Brands with a generic available$16K–$40K
Lower-cost therapeutic alternatives$23K–$49K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$16K
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
Miami Jewish Health Systems
Sponsor EIN
59-0624414
Plan number
530
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-0624414 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Miami Jewish Health Systems Retirement Plan
Type
Defined contribution plan
Participants
1,212

About this data

Source: Miami Jewish Health Systems'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 Miami Jewish Health Systems.

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