Poarch Band of Creek Indians

Atmore, AL Arts & recreationNAICS 713900

Self-funded health planPlan year 2024Renews October
3,796ParticipantsFirst year on file
$9.0MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#1 of 1Arts & recreation in ALBy participants

Overview

Poarch Band of Creek Indians sponsors a self-funded health plan that covered 3,796 participants in plan year 2024. The plan year starts in October. Alongside medical, its benefits filing reports life insurance, vision, short-term disability, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
3,796
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Poarch Band of Creek Indians Welfare Plan, plan 501 (3,796 participants)
Broker compensation
$696K across insured contracts
MedicalLife insuranceVisionShort-term disabilityLong-term disabilityOther 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 CompanyAccident, Critical Illness, Hospital Indemnity, Life, Long-term disability, Short-term disability3,426$3.5M$668K
Vision Service PlanVision3,873$272K$27K

Pharmacy benefit estimate

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

$9.0M/ year

Estimated prescription spend: 3,796 participants × $2,371 national average per member. Usually higher once dependents are counted.

$234K–$577K/ year

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

Brands with a generic available$68K–$171K
Lower-cost therapeutic alternatives$100K–$209K
Generic pricing vs. actual cost$43K–$130K
PBM contract terms$23K–$68K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 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
Poarch Band of Creek Indians
Sponsor EIN
63-0705119
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 63-0705119 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Poarch Band of Creek Indians'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 Poarch Band of Creek Indians.

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