University of Louisville Physicians, Inc.

Louisville, KY Health careNAICS 621112

Self-funded health planPlan year 2024Renews January
2,003ParticipantsFirst year on file
$4.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#11 of 33Health care in KYBy participants

Overview

University of Louisville Physicians, Inc. sponsors a self-funded health plan that covered 2,003 participants in plan year 2024. 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
2,003
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
University of Louisville Physicians, Inc. Master Welfare Benefit Plan, plan 501 (2,003 participants)
Broker compensation
$674K 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
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability1,984$2.0M$467K
Delta Dental of KentuckyDental3,076$759K$47K
Provident Life and Accident Insurance CompanyLife, Short-term disability747$278K$86K
Unum Life Insurace Company of AmericaAccident803$136K$38K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision2,756$132K$21K
Arag Insurance CompanyLegal422$70K$7K
Transamerica Life Insurance CompanyCritical Illness80$33K$8K

Pharmacy benefit estimate

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

$4.7M/ year

Estimated prescription spend: 2,003 participants × $2,371 national average per member. Usually higher once dependents are counted.

$123K–$304K/ year

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

Brands with a generic available$36K–$90K
Lower-cost therapeutic alternatives$53K–$110K
Generic pricing vs. actual cost$23K–$68K
PBM contract terms$12K–$36K
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 2024
Plan sponsor
University of Louisville Physicians, Inc.
Sponsor EIN
27-3645560
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-3645560 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
University of Louisville Physicians, Inc. Profit Sharing Plan
Type
401(k) plan
Participants
3,707

About this data

Source: University of Louisville Physicians, Inc.'s Form 5500 filing for plan year 2024 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 Louisville Physicians, Inc..

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