Entergy Corporation

New Orleans, LA UtilitiesNAICS 221100

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
14,131Participants-3% vs. prior year
$33.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 1Utilities in LABy participants

Overview

Entergy Corporation sponsors a self-funded health plan that covered 14,131 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, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
14,131 · prior year 14,574
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Entergy Corporation Companies' Benefits Plus Medical Plan, plan 512 (14,131 participants); Entergy Corporation Companies' Retiree Health Plan, plan 540 (11,644 participants); Entergy Corporation Companies' Benefits Plus Reimbursement Plan, plan 509 (975 participants)
Broker compensation
$122 across insured contracts
MedicalLife insuranceDentalVisionPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife23,899$27.2M—
Unum Life Insurance Company of AmericaLong-term disability12,166$5.7M—
Vision Service PlanVision12,438$2.6M—
AIG Property Casualty, U.S./national Union Fire Ins. Co. of PittsburghAccidental Death & Dismemberment11,363$812$122

Pharmacy benefit estimate

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

$33.5M/ year

Estimated prescription spend: 14,131 participants × $2,371 national average per member. Usually higher once dependents are counted.

$871K–$2.1M/ year

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

Brands with a generic available$255K–$637K
Lower-cost therapeutic alternatives$372K–$777K
Generic pricing vs. actual cost$161K–$482K
PBM contract terms$84K–$251K
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
Entergy Corporation
Sponsor EIN
72-1229752
Plan numbers
512, 540, 509
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 72-1229752 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Savings Plan of Entergy Corporation and Subsidiaries
Type
401(k) plan
Participants
14,026

About this data

Source: Entergy 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 Entergy Corporation.

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