Bayer Corporation c/o HR Operations Department

St. Louis, MO ManufacturingNAICS 325410

Self-funded health planPlan year 2025Renews January
20,741Participants-6% vs. prior year
$49.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 46Manufacturing in MOBy participants

Overview

Bayer Corporation c/o HR Operations Department sponsors a self-funded health plan that covered 20,741 participants in plan year 2025, down 6% 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
20,741 · prior year 22,111
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Bayer Corporation Retiree Medical and Health Reimbursement Account Plan, plan 502 (20,741 participants)
Broker compensation
$794K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Upmc Health OptionsEPO2,263$20.7M$89K
Securian Life Insurance CompanyLife35,086$17.7M$401K
Kaiser Foundation Health Plan Inc.HMO1,015$11.6M$48K
Hawaii Medical Service AssociationHMO, PPO676$5.0M—
Life Insurance Company of North AmericaLong-term disability16,877$4.7M$87K
Eyemed Vision CareVision30,483$3.3M—
Triple S Salud, Inc.Medical, Prescription drug209$1.8M$91K
Kaiser Foundation Health Plan, Inc.Medical145$916K—
Provident Life and Accident Insurance CompanyLong-term disability124$260K$78K
UnitedHealthcare of the Midlands, Inc.Prescription drug, HMO33$115K—

Pharmacy benefit estimate

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

$49.2M/ year

Estimated prescription spend: 20,741 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.3M–$3.2M/ year

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

Brands with a generic available$374K–$934K
Lower-cost therapeutic alternatives$546K–$1.1M
Generic pricing vs. actual cost$236K–$708K
PBM contract terms$123K–$369K
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
Bayer Corporation c/o HR Operations Department
Sponsor EIN
25-1339219
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 25-1339219 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Bayer Corporation Savings and Retirement Plan
Type
401(k) plan
Participants
30,109

About this data

Source: Bayer Corporation c/o HR Operations Department'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 Bayer Corporation c/o HR Operations Department.

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