Swedish Health Services

Renton, WA Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
12,788Participants-5% vs. prior year
$30.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 47Health care in WABy participants

Overview

Swedish Health Services sponsors a self-funded health plan that covered 12,788 participants in plan year 2025, down 5% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
12,788 · prior year 13,515
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Swedish Health Services Health and Welfare Plan, plan 519 (12,788 participants)
Broker compensation
$495K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Securian Life Insurance CompanyLife15,426$5.3M$242K
Dentegra Insurance CompanyDental1,843$457K$17K
Provident Life and Accident Insurance CompanyVoluntary Individual Disability221$359K$33K

Pharmacy benefit estimate

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

$30.3M/ year

Estimated prescription spend: 12,788 participants × $2,371 national average per member. Usually higher once dependents are counted.

$788K–$1.9M/ year

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

Brands with a generic available$230K–$576K
Lower-cost therapeutic alternatives$337K–$703K
Generic pricing vs. actual cost$146K–$437K
PBM contract terms$76K–$227K
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
Swedish Health Services
Sponsor EIN
91-0433740
Plan number
519
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 91-0433740 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Swedish Health Services Pension Plan
Type
Pension plan
Participants
7,010

About this data

Source: Swedish Health Services'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 Swedish Health Services.

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