Public Service Electric and Gas Company
Overview
Public Service Electric and Gas Company sponsors a self-funded health plan that covered 4,697 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 4,697 · prior year 4,702
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Public Service Electric and Gas Company Benefits 2000 Plan for Represented Employees, plan 542 (4,697 participants); Public Service Electric and Gas Company Choices Benefits Plan, plan 538 (456 participants)
- Broker compensation
- $906K 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 |
|---|---|---|---|---|
| Securian Life Insurance | Life | 25,356 | $41.9M | $899K |
| Life Insurance Company of North America | Long-term disability | 4,665 | $4.9M | $8K |
| Prudential Insurance Company of America | Long Term Care | 450 | $2.6M | — |
| Metropolitan Life Insurance Company | Vision | 4,354 | $734K | — |
| Aetna Life Insurance Co. | Dental | 636 | $585K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,697 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
- Public Service Electric and Gas Company
- Sponsor EIN
- 22-1212800
- Plan numbers
- 542, 538
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 22-1212800 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Public Service Electric and Gas Company'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 Public Service Electric and Gas Company.