Draeger, Inc.

Telford, PA ManufacturingNAICS 339110

Self-funded health planPlan year 2025Renews January
1,099Participants-3% vs. prior year
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#58 of 105Manufacturing in PABy participants

Overview

Draeger, Inc. sponsors a self-funded health plan that covered 1,099 participants in plan year 2025, down 3% 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
1,099 · prior year 1,138
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Draeger Employee Health and Welfare Plan, plan 501 (1,099 participants)
Broker compensation
$155K 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
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,076$2.0M$150K
Fidelity Security Life Insurance CompanyVision1,865$93K—
Legalplans, USALegal140$29K$4K
Life Insurance Company of North AmericaBusiness Travel Accident1,084$5K$917

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,099 participants × $2,371 national average per member. Usually higher once dependents are counted.

$68K–$167K/ year

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

Brands with a generic available$20K–$50K
Lower-cost therapeutic alternatives$29K–$60K
Generic pricing vs. actual cost$13K–$38K
PBM contract terms$7K–$20K
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
Draeger, Inc.
Sponsor EIN
23-1699096
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-1699096 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Draeger US Retirement Savings Plan
Type
401(k) plan
Participants
1,697

About this data

Source: Draeger, 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 Draeger, Inc..

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