The Rand Corporation
Overview
The Rand Corporation sponsors a self-funded health plan that covered 1,867 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
- 1,867 · prior year 1,825
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Group Welfare Benefit Plan, plan 515 (1,867 participants); Retiree Group Medical Benefits Plan, plan 513 (389 participants)
- Stop-loss carrier
- Reliastar Life Insurance Company; Reliastar Life Insurance Company
- Broker compensation
- $210K 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 |
|---|---|---|---|---|
| Upmc Health Options | Medical, HMO | 442 | $4.1M | $33K |
| Kaiser Foundation Health Plan Inc. | Medical, HMO | 562 | $3.6M | $26K |
| Reliastar Life Insurance Company | Stop-loss | 1,687 | $1.4M | $85K |
| Kaiser Foundation Health Plan of the Mid-Atlantic | Medical, HMO | 208 | $1.3M | $9K |
| Metropolitan Life Insurance Company | Life | 1,963 | $786K | $41K |
| Life Insurance Company of North America | Long-term disability | 580 | $526K | $15K |
| Vision Service Plan | Vision | 1,353 | $280K | — |
| Magellan Healthcare | Employee Assistance Program | 1,855 | $63K | — |
| MetLife Legal Plans | Legal | 266 | $58K | $97 |
| Federal Insurance Company | Accidental Death & Dismemberment Insuran | 2,791 | $11K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,867 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
- The Rand Corporation
- Sponsor EIN
- 95-1958142
- Plan numbers
- 515, 513
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 95-1958142 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Rand Corporation 403(b) Savings Plan
- Type
- Defined contribution plan
- Participants
- 4,047
About this data
Source: The Rand 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 The Rand Corporation.