Ucare Minnesota

Stuart, VA Finance & insuranceNAICS 524290

Self-funded health planPlan year 2025Renews January
1,667ParticipantsFirst year on file
$4.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 12Finance & insurance in VABy participants

Overview

Ucare Minnesota sponsors a self-funded health plan that covered 1,667 participants in plan year 2025. 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
1,667
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ucare Minnesota Employee Welfare Benefit Plan, plan 506 (1,667 participants)
Broker compensation
$148K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Accidental Death & Dismemberment, Long-term disability1,482$1.0M$130K
Metropolitan Life Insurance CompanyVision2,428$111K$12K
Pre-Paid Legal Services Inc. DBA LegalshieldLegal Services Plan Memberships210$43K$6K

Pharmacy benefit estimate

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

$4.0M/ year

Estimated prescription spend: 1,667 participants × $2,371 national average per member. Usually higher once dependents are counted.

$103K–$253K/ year

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

Brands with a generic available$30K–$75K
Lower-cost therapeutic alternatives$44K–$92K
Generic pricing vs. actual cost$19K–$57K
PBM contract terms$10K–$30K
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
Ucare Minnesota
Sponsor EIN
36-3573805
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-3573805 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ucare 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
2,140

About this data

Source: Ucare Minnesota'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 Ucare Minnesota.

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