University of Alabama Health Services Foundation, P.C.

Birmingham, AL Health careNAICS 621498

Self-funded health planPlan year 2025Renews January
4,172Participants0% vs. prior year
$9.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 15Health care in ALBy participants

Overview

University of Alabama Health Services Foundation, P.C. sponsors a self-funded health plan that covered 4,172 participants in plan year 2025, about the same as 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
4,172 · prior year 4,173
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
University of Alabama Health Services Foundation, P.C. Flexible Benefit Plan, plan 503 (4,172 participants); University of Alabama Health Services Foundation, P.C. Health Insurance Plan, plan 506 (3,779 participants)
Broker compensation
$769K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Sun Life Assurance Company of CanadaShort-term disability, Long-term disability, Life4,393$5.9M$707K
Vision Service PlanVision2,952$619K$62K

Pharmacy benefit estimate

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

$9.9M/ year

Estimated prescription spend: 4,172 participants × $2,371 national average per member. Usually higher once dependents are counted.

$257K–$634K/ year

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

Brands with a generic available$75K–$188K
Lower-cost therapeutic alternatives$110K–$229K
Generic pricing vs. actual cost$47K–$142K
PBM contract terms$25K–$74K
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 of Alabama Health Services Foundation, P.C.
Sponsor EIN
63-0649108
Plan numbers
503, 506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 63-0649108 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
University of Alabama Health Services Foundation, P.C. 403(b) Retirement Annuity Plan
Type
Defined contribution plan
Participants
9,450

About this data

Source: University of Alabama Health Services Foundation, P.C.'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 of Alabama Health Services Foundation, P.C..

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