Prisma Health

Greenville, SC Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
23,940Participants+9% vs. prior year
$56.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 15Health care in SCBy participants

Overview

Prisma Health sponsors a self-funded health plan that covered 23,940 participants in plan year 2025, up 9% 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
23,940 · prior year 21,951
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Prisma Health Welfare Benefits Plan, plan 501 (23,940 participants)
Broker compensation
$4.6M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Continental American Insurance CompanyShort-term disability, Long-term disability25,232$13.0M$990K
Securian Life Insurance CompanyLife34,549$7.9M$842K
Unum Insurance CompanyHospital, Critical Illness, Accident10,494$6.8M$1.7M
Vision Service PlanVision20,660$4.7M$431K
Combined Insurance CompanyLife510$650K$165K
Medical Air Services Association, Inc.Emergency Transport2,648$609K$95K
MetLife Legal PlansLegal3,261$603K$66K
Provident Life and Accident Insurance CompanyLife23,940—$251K

Pharmacy benefit estimate

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

$56.8M/ year

Estimated prescription spend: 23,940 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.5M–$3.6M/ year

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

Brands with a generic available$431K–$1.1M
Lower-cost therapeutic alternatives$630K–$1.3M
Generic pricing vs. actual cost$272K–$817K
PBM contract terms$142K–$426K
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
Prisma Health
Sponsor EIN
82-2595551
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 82-2595551 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Prisma 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 Prisma Health.

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