Nevro Corp.
Overview
Nevro Corp. sponsors a self-funded health plan that covered 868 participants in plan year 2025, down 11% 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
- 868 · prior year 970
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Nevro Corporation Health and Welfare Plan, plan 501 (868 participants)
- Stop-loss carrier
- Cigna Health and Life Insurance Company
- Broker compensation
- $52K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Cigna Health and Life Insurance Company | Medical, Prescription drug, Stop-loss | 480 | $5.6M | — |
| Kaiser Foundation Health Plan Inc. | Medical, Prescription drug, HMO | 117 | $1.7M | $307 |
| Sun Life Assurance Company of Canada | Life, Short-term disability, Long-term disability | 560 | $606K | $49K |
| Vision Service Plan | Vision | 532 | $141K | $729 |
| Arag Insurance Company | Legal | 108 | $23K | $2K |
| Telus Health (US) Ltd. | Employee Assistance Plan | 1,178 | $23K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 868 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Nevro Corp.
- Sponsor EIN
- 56-2568057
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 56-2568057 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Nevro Corporation 401(k) Plan
- Type
- 401(k) plan
- Participants
- 1,240
About this data
Source: Nevro Corp.'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 Nevro Corp..