Millennium Health Systems, LLC

Fort Lauderdale, FL Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
933ParticipantsPrior year not comparable
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#56 of 89Health care in FLBy participants

Overview

Millennium Health Systems, LLC sponsors a self-funded health plan that covered 933 participants in plan year 2025. 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
933 · prior year 396
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Employees' Welfare Plan (florida), plan 506 (933 participants)
Broker compensation
$90K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyDental, Vision, Life, Short-term disability1,254$785K$70K
Kansas City Life Insurance CompanyLife, Short-term disability, Long-term disability120$79K$16K
Safeguard Health Plans, Inc. a Florida CorporationDental, HMO61$13K$2K
Horizon Insurance CompanyVision98$9K$888
Horizon Healthcare Services, Inc.Dental40$8K$703

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 933 participants × $2,371 national average per member. Usually higher once dependents are counted.

$58K–$142K/ year

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

Brands with a generic available$17K–$42K
Lower-cost therapeutic alternatives$25K–$51K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
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
Millennium Health Systems, LLC
Sponsor EIN
65-0987333
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 65-0987333 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Millennium Health Systems, 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 Millennium Health Systems, LLC.

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