NHS Management, LLC

Tuscaloosa, AL Health careNAICS 623000

Self-funded health planPlan year 2024Renews July
4,290ParticipantsFirst year on file
$10.2MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#7 of 15Health care in ALBy participants

Overview

NHS Management, LLC sponsors a self-funded health plan that covered 4,290 participants in plan year 2024. The plan year starts in July. 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
4,290
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
NHS Affiliated Companies Blue Cross / Blue Shield of Alabama, plan 501 (4,290 participants)
Broker compensation
$665K 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
Continental American Insurance CompanyShort-term disability4,149$3.1M$505K
Symetra Life Insurance CompanyLife, Long-term disability4,892$1.2M$119K
Vision Service PlanVision3,281$309K$33K
Citizens Security Life Insurance CompanyDental420$188K$8K

Pharmacy benefit estimate

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

$10.2M/ year

Estimated prescription spend: 4,290 participants × $2,371 national average per member. Usually higher once dependents are counted.

$264K–$652K/ year

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

Brands with a generic available$77K–$193K
Lower-cost therapeutic alternatives$113K–$236K
Generic pricing vs. actual cost$49K–$146K
PBM contract terms$25K–$76K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 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
NHS Management, LLC
Sponsor EIN
02-0646132
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 02-0646132 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
NHS Affiliated Companies 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
6,548

About this data

Source: NHS Management, LLC'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 NHS Management, LLC.

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