New York University

New York, NY Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
15,680Participants+2% vs. prior year
$37.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 137Health care in NYBy participants

Overview

New York University sponsors a self-funded health plan that covered 15,680 participants in plan year 2025, up 2% 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
15,680 · prior year 15,321
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
NYU Grossman School of Medicine Health and Welfare Plan, plan 515 (15,680 participants); NYU Grossman School of Medicine Retiree Welfare Benefit Plan, plan 530 (661 participants)
Broker compensation
$223K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Dental13,223$15.8M$117K
New York Life Group Insurance Company of New YorkStatutory Disability, Long-term disability, Short-term disability13,030$12.0M$52K
Aetna Life Insurance CompanyMedical, Dental822$5.4M$3K
Delta Dental of New YorkDental10,253$4.0M—
The Prudential Insurance Company of AmericaLife10,880$3.8M—
Sierra Health and Life Insurance Company, Inc.Medical764$2.6M—
Lincoln National Life Insurance CompanyLong-term disability10,862$1.2M—
Vision Service PlanVision8,058$1.0M—
Anthem Blue CrossVision18,035$1.0M—
Cigna Health and Life Insurance CompanyDental3,326$864K$5K
Aetna InternationalMedical, Dental208$798K—
United Behavioral Health DBA OptumMedical35,282$771K—

Pharmacy benefit estimate

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

$37.2M/ year

Estimated prescription spend: 15,680 participants × $2,371 national average per member. Usually higher once dependents are counted.

$967K–$2.4M/ year

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

Brands with a generic available$283K–$706K
Lower-cost therapeutic alternatives$413K–$863K
Generic pricing vs. actual cost$178K–$535K
PBM contract terms$93K–$279K
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
New York University
Sponsor EIN
13-5562308
Plan numbers
515, 530
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-5562308 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
New York University Retirement Plan for Members of the Faculty, Professional Research Staff and Administration
Type
Defined contribution plan
Participants
23,961

About this data

Source: New York University'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 New York University.

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