Siemens Corporation
Overview
Siemens Corporation sponsors a self-funded health plan that covered 2,270 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
- 2,270 · prior year 2,353
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Siemens Corporation Retiree Health Reimbursement Account Plan (rhra), plan 523 (2,270 participants)
- Broker compensation
- $799K 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, HMO | 2,897 | $26.4M | — |
| Hartford Life and Accident | Accidental Death and Dismemberment, Life | 46,082 | $21.2M | $513K |
| Lincoln National Life Insurance Company | Long-term disability | 30,512 | $10.2M | $237K |
| Vision Service Plan | Vision | 29,789 | $2.7M | — |
| Blue Cross of California (g0200) | Medical, PPO | 80 | $813K | $48K |
| Cigna Health and Life Insurance Company | Medical, Dental | 69 | $462K | — |
| Hawaii Medical Service Association | Medical | 32 | $270K | — |
| Cigna Health and Life Insurance Company and Affiliates (cigna) | Medical | 12,575 | $118K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,270 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 Corporation
- Sponsor EIN
- 13-2623356
- Plan number
- 523
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 13-2623356 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Siemens Savings Plan
- Type
- 401(k) plan
- Participants
- 46,141
About this data
Source: Siemens Corporation'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 Corporation.