University Medical Associates

Charleston, SC Health careNAICS 621111

Self-funded health planPlan year 2025Renews January
3,369Participants+27% vs. prior year
$8.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 15Health care in SCBy participants

Overview

University Medical Associates sponsors a self-funded health plan that covered 3,369 participants in plan year 2025, up 27% 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
3,369 · prior year 2,647
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
University Medical Associates Health and Welfare Plan, plan 501 (3,369 participants)
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Long-term disability, Short-term disability3,140$3.1M—
Eyemed Vision CareVision2,723$153K—

Pharmacy benefit estimate

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

$8.0M/ year

Estimated prescription spend: 3,369 participants × $2,371 national average per member. Usually higher once dependents are counted.

$208K–$512K/ year

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

Brands with a generic available$61K–$152K
Lower-cost therapeutic alternatives$89K–$185K
Generic pricing vs. actual cost$38K–$115K
PBM contract terms$20K–$60K
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
University Medical Associates
Sponsor EIN
57-0935917
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 57-0935917 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
UMA Supplemental 403(b) Plan
Type
Defined contribution plan
Participants
3,659

About this data

Source: University Medical Associates'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 University Medical Associates.

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