Highlights   Level funding, marketed as a viable option for the provision of employer provided healthcare benefits, isn’t all it’s cracked up to be. Although level funding is seen as a cost-effective health insurance solution, the disadvantages of level funding often outweigh the positives for small to medium-sized businesses (SMBs). Self-funding, in contrast, is a more affordable health insurance solution for SMBs than level funding due to flexible plan design, fewer fixed costs, and no-strings-attached premium returns year over year.   Level-funded insurance has long been ..read more

Commitment to transparency and customer alignment allows Roundstone to deliver substantial annual distributions     LAKEWOOD, Ohio, July 23, 2024 – Roundstone, a leading health benefits captive providing self-funded insurance solutions to small and midsized businesses, proudly announces a $12.4 million cash distribution to its medical captive participants. This milestone underscores Roundstone’s steadfast commitment to returning savings to employers, offering them unmatched control, consistency, and transparency in their healthcare spend.   Roundstone’s success in delivering con ..read more

This blog was inspired by the webinar Why All Captives Are Not Created Equal, now available on demand. Watch it here.   Highlights   Knowing how to save money with a captive insurance plan from Roundstone can help you lower healthcare costs for your business – saving 20% on average. With a 20-year history, Roundstone is an industry leader in the group captive space, having pioneered the industry’s first captive for self-funded insurance in 2005. Roundstone offers better savings and more flexibility than many other group captive providers offering self-funded insurance for compa ..read more

It’s always interesting to see how attitudes change over time. Back in 2005, I first proposed the idea of employers insuring their employee health benefits in a group captive. In my view, it was a better alternative than existing insurance solutions, reducing costs while ensuring that employees’ health needs were taken care of. I was convinced that over time, it would be widely adopted and would become a fixture of the industry.   Initially, people didn’t share my perspective. Back then, such an approach was unheard of, and coverage for self-insured employers was less than $10 billion of ..read more

Lakewood, OH, June 27 2024 – Roundstone, a leading health benefits captive providing self-funded solutions to small and mid-sized businesses, has been honored for the fifth time as a Top Workplace in Northeast Ohio by cleveland.com and The Plain Dealer. This year, Roundstone received special recognition for exceptional growth within its category, soaring up the rankings from 84th in 2023 to an impressive 17th in 2024.    “We are thrilled to again be named a Top Workplace in Northeast Ohio,” said Michael Schroeder, Founder and President of Roundstone. “This award underscores the pass ..read more

Highlights  The best health insurance for employees provides customized service options at an affordable price. Unlike traditional fully insured plans, self-insurance gives you control over plan design and cost containment solutions, letting you tailor coverage for your employees’ needs. Self-funded insurance lets you negotiate rates and use providers of your choice, helping you find solutions that work for your budget and employee health concerns. With Roundstone’s group captive stop-loss insurance, you can provide coverage for primary care, telemedicine, and well-being programs t ..read more

Highlights  Roundstone’s group medical captive provides small business health insurance to companies looking for affordable benefits. Our captive lets you pool funds with other similar-sized employers so you can self-fund your own healthcare insurance for employees. We offer a 100% guarantee that you’ll save money on a group captive plan, letting you reduce your healthcare expenses and provide better coverage. Roundstone gives you greater flexibility, control, and transparency, helping you cut costs, provide better benefits, and boost employee well-being.   Faced with escalating in ..read more

Lakewood, OH – June 6, 2024 – Roundstone, an innovative employee health benefits company, is proud to announce two strategic additions to its executive team with the appointments of Helen Simmons as Chief Information Officer (CIO) and Amy Schroyer as Chief Marketing Officer (CMO). Their hiring reflects Roundstone’s focus on growth, strategic team building, and the integration of unparalleled expertise in their respective disciplines.   Helen Simmons is a recognized technology and data strategist known for her innovative thought leadership that drives ROI-focused digital transformation for ..read more

This blog was inspired by the webinar Intro to Self-Funding: What Is a Captive?, now available on demand. Watch it here.   Highlights   Knowing what a captive insurance plan is and how it works can help you gain better control over your company’s healthcare costs. Unlike traditional insurance, a group captive gives you design flexibility and data transparency that you can use to tailor a plan for your employees. Group captives allow you to spread financial risk through pooled stop-loss insurance. With a Roundstone group captive plan, you customize your coverages from the gr ..read more

Customer success is an easy to measure metric: Are you delivering quality affordable benefits over the long term? Are you happy with the experience engaging with your health plan?  Although it’s easy to measure, Roundstone is different in our approach to customer success because we already take into consideration customer alignment, minimizing risk, and providing data driven cost saving solutions.    Roundstone further sets clients up for success because of our in-house Third Party Administrator’s (TPA) and its cohesive collaboration with our captive management team.  ..read more