Powers Health
Overview
Powers Health sponsors a self-funded health plan that covered 4,604 participants in plan year 2025, up 2% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports dental, vision, short-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 4,604 · prior year 4,499
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Powers Health Group Health Care Plan, plan 502 (4,604 participants)
- Broker compensation
- $439K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Dental | 8,906 | $3.7M | $301K |
| Unum Insurance Company | Short-term disability, Critical Illness, Hospital | 1,355 | $1.1M | $114K |
| Fidelity Security Life Insurance Company | Vision | 8,550 | $465K | $24K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,604 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Powers Health
- Sponsor EIN
- 35-1107009
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 35-1107009 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Powers Health'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 Powers Health.