Arctic Slope Regional Corporation

Barrow, AK Professional servicesNAICS 541990

Self-funded health planPlan year 2025Renews January
11,455Participants-1% vs. prior year
$27.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 2Professional services in AKBy participants

Overview

Arctic Slope Regional Corporation sponsors a self-funded health plan that covered 11,455 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
11,455 · prior year 11,585
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Arctic Slope Regional Corp. & Subsidiaries Group Health & Welfare Plan, plan 502 (11,455 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company and Affiliates
Broker compensation
$838K 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
Hartford Life and AccidentLife, Short-term disability, Long-term disability10,539$10.5M$182K
Metropolitan Life Insurance CompanyAccident, Critical Illness, Hospital4,999$1.8M$440K
Cigna Health and Life Insurance Company and AffiliatesStop-loss7,833$1.5M$100K
Blue Cross and Blue Shield of AlabamaMedical, Prescription drug, PPO139$1.1M—
Kaiser Foundation Health Plan, Inc.Medical, Prescription drug, HMO136$1.1M—
MetLife Legal PlansLegal1,990$447K$83K
Hawaii Medical Service AssociationMedical, Prescription drug, Dental, Vision, PPO34$274K—
Aetna Behavioral Health, LLCEmployee Assistance Program9,670$151K—
Hartford Accident and Life Insurance CompanyMedical, Prescription drug190$105K$5K
Health and Human Resource Center, Inc.Employee Assistance Program267$3K—
National Union Fire Insurance Company of Pittsburgh, PABusiness Travel Accident10,541——

Pharmacy benefit estimate

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

$27.2M/ year

Estimated prescription spend: 11,455 participants × $2,371 national average per member. Usually higher once dependents are counted.

$706K–$1.7M/ year

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

Brands with a generic available$206K–$516K
Lower-cost therapeutic alternatives$301K–$630K
Generic pricing vs. actual cost$130K–$391K
PBM contract terms$68K–$204K
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
Arctic Slope Regional Corporation
Sponsor EIN
92-0044137
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 92-0044137 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Arctic Slope Regional Corporation and Subsidiaries Employees Retirement Plan
Type
401(k) plan
Participants
19,858

About this data

Source: Arctic Slope Regional Corporation'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 Arctic Slope Regional Corporation.

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