NC Transaction, Inc.

New York, NY Information & technologyNAICS 517000

Self-funded health planPlan year 2025Renews January
7,923Participants-4% vs. prior year
$18.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 27Information & technology in NYBy participants

Overview

NC Transaction, Inc. sponsors a self-funded health plan that covered 7,923 participants in plan year 2025, down 4% 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
7,923 · prior year 8,227
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
News Corp. Comprehensive Health, Welfare and Cafeteria Plan, plan 503 (7,923 participants); News Corp. Retiree Medical Plan, plan 504 (2,680 participants)
Stop-loss carrier
Aetna Life Insurance Company
Broker compensation
$668K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-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 CompanyShort-term disability, Long-term disability, Individual Disability Insurance, Life7,372$4.6M$459K
Aetna Life Insurance CompanyStop-loss, Dental, Vision12,753$3.1M—
Kaiser Foundation Health Plan Inc.Medical, Prescription drug, HMO216$2.2M$108K
Sun Life and Health Insurance Company (u.s.)Life7,468$2.0M$44K
UnitedHealthcare Insurance CompanyMedical205$885K$47K

Pharmacy benefit estimate

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

$18.8M/ year

Estimated prescription spend: 7,923 participants × $2,371 national average per member. Usually higher once dependents are counted.

$488K–$1.2M/ year

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

Brands with a generic available$143K–$357K
Lower-cost therapeutic alternatives$209K–$436K
Generic pricing vs. actual cost$90K–$271K
PBM contract terms$47K–$141K
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
NC Transaction, Inc.
Sponsor EIN
46-1138762
Plan numbers
503, 504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 46-1138762 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
News Corp. 401(k) Savings Plan
Type
401(k) plan
Participants
14,148

About this data

Source: NC Transaction, 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 NC Transaction, Inc..

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