Siemens Medical Solutions USA, Inc.
Overview
Siemens Medical Solutions USA, Inc. sponsors a self-funded health plan that covered 1,017 participants in plan year 2025, down 19% 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
- 1,017 · prior year 1,253
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Siemens Medical Solutions USA, Inc. Retiree Health Reimbursement Account Plan, plan 566 (1,017 participants)
- Broker compensation
- $403K 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 |
|---|---|---|---|---|
| Kaiser Foundation Health Plan, Inc. | Medical | 1,432 | $13.1M | — |
| Hartford Life and Accident | Life, Accidental Death and Dismemberment | 27,989 | $8.5M | $148K |
| Lincoln National Life Insurance Company | Long-term disability | 16,356 | $8.2M | $132K |
| Eyemed Vision Care | Vision | 35,798 | $3.7M | — |
| Delta Dental of Pennsylvania | Dental | 2,311 | $1.1M | — |
| Continental American Insurance Company | Critical Illnes | 13,872 | $814K | $123K |
| Cigna Health and Life Insurance Company | Medical, Dental | 32 | $215K | — |
| Life Insurance Company of North America | Business Travel Accident | 16,547 | $-16K | $345 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,017 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
- Siemens Medical Solutions USA, Inc.
- Sponsor EIN
- 22-2417778
- Plan number
- 566
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 22-2417778 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Siemens Medical Solutions USA, Inc. Savings Plan
- Type
- 401(k) plan
- Participants
- 24,960
About this data
Source: Siemens Medical Solutions USA, 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 Siemens Medical Solutions USA, Inc..