Warner Bros. Discovery, Inc.

New York, NY Information & technologyNAICS 515210

Self-funded health planPlan year 2025Renews January
3,658ParticipantsPrior year not comparable
$8.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 27Information & technology in NYBy participants

Overview

Warner Bros. Discovery, Inc. sponsors a self-funded health plan that covered 3,658 participants in plan year 2025. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
3,658 · prior year 17,720
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Warner Bros. Discovery, Inc. Flexible Spending Account Plan, plan 508 (3,658 participants)
Broker compensation
$268K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Kaiser Foundation Health Plan, Inc.Medical, Prescription drug, HMO1,332$16.0M—
Prudential Insurance Company of AmericaLong Term Care, Life15,279$7.6M—
Kaiser Foundation Health Plan of Georgia, Inc.Medical, Prescription drug, HMO1,180$6.7M—
Hartford Life and AccidentLong-term disability14,570$5.4M—
Eyemed Vision CareVision25,144$3.2M—
Cigna Health and Life Insurance CompanyMedical, Dental, Vision341$1.8M$187K
Kaiser Health Plan of the Mid-Atlantic States, Inc.Medical, Prescription drug, HMO247$1.5M—
Kaiser Foundation Health Plan of WashingtonMedical, Prescription drug, HMO101$776K—
Ace American Insurance CompanyBusiness Travel Accident, Accidental Death and Dismemberment14,299$524K$52K
Cigna Health and Life Insurance Company and AffiliatesDental, HMO1,536$475K—
Delaware American Life Insurance of AmericaLife, Long-term disability341$129K$14K
Massachusetts Mutual Life Insurance CompanyLong-term disability36$105K$14K

Pharmacy benefit estimate

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

$8.7M/ year

Estimated prescription spend: 3,658 participants × $2,371 national average per member. Usually higher once dependents are counted.

$226K–$556K/ year

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

Brands with a generic available$66K–$165K
Lower-cost therapeutic alternatives$96K–$201K
Generic pricing vs. actual cost$42K–$125K
PBM contract terms$22K–$65K
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
Warner Bros. Discovery, Inc.
Sponsor EIN
35-2333914
Plan number
508
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-2333914 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Warner Bros. Discovery 401(k) Savings Plan
Type
401(k) plan
Participants
39,844

About this data

Source: Warner Bros. Discovery, 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 Warner Bros. Discovery, Inc..

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