University of Maryland Faculty Physicians, Inc.

Baltimore, MD Health careNAICS 621111

Self-funded health planPlan year 2025Renews January
1,460Participants+5% vs. prior year
$3.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#18 of 32Health care in MDBy participants

Overview

University of Maryland Faculty Physicians, Inc. sponsors a self-funded health plan that covered 1,460 participants in plan year 2025, up 5% 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
1,460 · prior year 1,395
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Group Welfare Plan of University of Maryland Faculty Physicians, Inc., plan 510 (1,460 participants)
Broker compensation
$172K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability1,782$2.1M$125K
Aetna Life Insurance Co.Accident, Critical Illness, Hospital Ind1,030$292K$34K
Vision Service PlanVision1,021$204K—
United Healthcare Insurance CompanyManaged Transplant Program2,069$145K$7K
MetLife Legal PlansLegal241$57K$6K

Pharmacy benefit estimate

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

$3.5M/ year

Estimated prescription spend: 1,460 participants × $2,371 national average per member. Usually higher once dependents are counted.

$90K–$222K/ year

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

Brands with a generic available$26K–$66K
Lower-cost therapeutic alternatives$38K–$80K
Generic pricing vs. actual cost$17K–$50K
PBM contract terms$9K–$26K
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 Maryland Faculty Physicians, Inc.
Sponsor EIN
52-1299563
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 52-1299563 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: University of Maryland Faculty Physicians, Inc.'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 Maryland Faculty Physicians, Inc..

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