Swiss RE America Holding Corporation

Armonk, NY Finance & insuranceNAICS 524290

Self-funded health planPlan year 2025Renews January
2,261Participants-4% vs. prior year
$5.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#14 of 59Finance & insurance in NYBy participants

Overview

Swiss RE America Holding Corporation sponsors a self-funded health plan that covered 2,261 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
2,261 · prior year 2,355
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Swiss RE Group U.S. Employees' Health and Welfare Plan, plan 501 (2,261 participants); Swiss RE Group U.S. Retiree Benefit Plan, plan 502 (929 participants)
Broker compensation
$210K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
First Unum Life Insurance CompanyLife, Long-term disability2,145$3.5M$204K
Aetna Behavioral Health, LLCEmployee Assistance Program2,208$62K—
Zurich American Insurance CompanyBusiness Travel Accident2,300$25K$5K
Unum Life Insurance Company of AmericaShort-term disability34$8K$898
Health and Human Resource CenterEmployee Assistance Program81$2K—

Pharmacy benefit estimate

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

$5.4M/ year

Estimated prescription spend: 2,261 participants × $2,371 national average per member. Usually higher once dependents are counted.

$139K–$344K/ year

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

Brands with a generic available$41K–$102K
Lower-cost therapeutic alternatives$60K–$124K
Generic pricing vs. actual cost$26K–$77K
PBM contract terms$13K–$40K
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
Swiss RE America Holding Corporation
Sponsor EIN
13-2761364
Plan numbers
501, 502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-2761364 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Swiss RE Group U.S. Employees' Savings Plan
Type
401(k) plan
Participants
4,191

About this data

Source: Swiss RE America Holding 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 Swiss RE America Holding Corporation.

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