Roundstone

Roundstone

Insurance

Lakewood, Ohio 4,928 followers

We help small to midsize companies confidently self-insure through our group captive & provide better health benefits.

About us

Roundstone is an innovative employee health benefits company. We help small and midsize organizations offer competitive benefits at a lower cost by self-funding their health insurance through our group medical captive. The Roundstone Captive enables companies to self-insure safely by pooling hundreds of employers together to share risk and save money. With easy onboarding and personalized support every step of the way, the Captive offers control, flexibility, transparency, and returns all savings back to employers where they belong. Unlike other captives that outsource their underwriting to behemoth insurance companies, Roundstone has underwriters in-house that specialize in pricing stop loss coverage for businesses sharing risk in a group captive. In an industry shrouded in misaligned incentives, we believe in always aligning with the employers’ best interests and remain committed to our mission – quality, affordable healthcare and a better life for all.

Industry
Insurance
Company size
51-200 employees
Headquarters
Lakewood, Ohio
Type
Privately Held
Founded
2003
Specialties
Self-Funded Health Insurance, Self-Insurance, Healthcare Cost Containment, Specialty Insurance Program Development, Employee Benefits, Group Medical Captives, Captive Management, Insurance Program Management, Reinsurance, Medical Stop Loss, Captive Insurance, and Stop-Loss Insurance

Locations

Employees at Roundstone

Updates

  • View organization page for Roundstone, graphic

    4,928 followers

    📣 Now Available On Demand: MCF 2024 Beginner Breakout Sessions! Why is #selffunding with a #captive a better solution for small to mid-sized organizations to fund their employee health benefits? These full session recordings are designed to answer this question and more with valuable insights and practical guidance on self-funding. The four sessions include: ◻ Understanding the Finances in a Captive ◻ What to Expect When Onboarding with Roundstone ◻ Working with Your TPA Effectively ◻ How the Captive Works: Self-Funding 101 🔗 Explore these sessions and more on our MCF Homepage: https://lnkd.in/egjEFeQy

  • View organization page for Roundstone, graphic

    4,928 followers

    Today on the blog, 🔗 𝟔 𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐘𝐨𝐮'𝐥𝐥 𝐒𝐚𝐯𝐞 𝐌𝐨𝐫𝐞 𝐌𝐨𝐧𝐞𝐲 𝐰𝐢𝐭𝐡 𝐑𝐨𝐮𝐧𝐝𝐬𝐭𝐨𝐧𝐞 𝐎𝐯𝐞𝐫 𝐎𝐭𝐡𝐞𝐫 𝐂𝐚𝐩𝐭𝐢𝐯𝐞𝐬: https://lnkd.in/e2Kf-npB As #healthinsurance costs continue to rise, more SMBs are turning to #selffunding with a captive to fund their employee health benefits. Choosing the right captive partner is crucial to maximizing your savings and optimizing your employees' healthcare. Here are the six reasons why you'll save more money with Roundstone over other captives: 🔹 Guaranteed Savings: Roundstone promises savings over a five-year period compared to traditional insurance, backed by our innovative risk management strategies. 🔹 Lower Collateral Requirements: Only 7% collateral is required, much lower than the typical industry requirement, easing the financial burden for small to midsize companies. 🔹 100% Return of Unused Premiums: Get back all of your unused premiums with no strings attached, boosting your company’s financial health. 🔹 High Distribution Rates and Low Fixed Costs: Enjoy industry-leading 68-70% loss fund/return fund percentages, ensuring a significant portion of the money you invest can be returned to you. 🔹 Effective Cost Containment: Data transparency helps identify cost-saving opportunities, allowing for data-driven decisions and reduced wasteful spending. 🔹 Flexible Plan Design: Tailored plans based on your employees' needs, avoiding unnecessary costs and ensuring relevant, essential healthcare solutions. Read the full blog to learn more! #employeebenefits #captiveinsurance #stoploss

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  • View organization page for Roundstone, graphic

    4,928 followers

    Looking for a job where you can make an impact? And a company culture centered on... 💠 𝐋𝐢𝐯𝐢𝐧𝐠 𝐖𝐞𝐥𝐥: Foster a healthy mind, body, and spirit, bringing a positive energy to all you do. 💠 𝐖𝐨𝐫𝐤𝐢𝐧𝐠 𝐒𝐦𝐚𝐫𝐭𝐞𝐫: Get things done, better. 💠 𝐎𝐰𝐧𝐢𝐧𝐠 𝐈𝐭: Accountability is your middle name. Be on time, do what you say, and finish what you start. 💠 𝐈𝐧𝐭𝐞𝐥𝐥𝐞𝐜𝐭𝐮𝐚𝐥 𝐂𝐮𝐫𝐢𝐨𝐬𝐢𝐭𝐲: Always be learning. See opportunity everywhere and have a drive to know We are #hiring! Visit our careers page to learn more about Roundstone and how you can join us on our mission to provide quality, affordable, healthcare and a better life to all! 🔗 : https://lnkd.in/gkEiVh3V #JoinOurTeam

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  • View organization page for Roundstone, graphic

    4,928 followers

    We are proud to be partnering with Re:Source Cleveland on their mission to empower resettled families to grow roots in their new communities. Exciting things to come!

    As Re:Source Cleveland is getting ready to break ground on the Roundstone Pavillion this year at the Ohio City Farm we are also preparing our commercial kitchen located inside the Pavillion that will open in Spring 2026. Running a non-profit that also runs a large social enterprise urban farm requires us to always be scrappy and innovative and of course save cash where we can. Running right now at 30 cents on the dollar we are haunting the auction sites in the evenings and slowly but surely building the commercial kitchen. This last week I rewatched the second season of the Bear. If you've seen this already you might recall everything that went into the build out and safety inspections. I'd be lying if I said that this has not been on my mind and really hoping I don't end up locked in a walk-in at some point... This kitchen has been generous funded in part by Cuyahoga County and many other friends and supporters over the last year.

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  • View organization page for Roundstone, graphic

    4,928 followers

    Choosing the right health insurance for your employees is crucial for their well-being and your company's financial health. Explore the benefits of self-funded insurance and how it can offer more customized, cost-effective healthcare solutions compared to traditional fully insured plans. 🏥💼 🔗 Read our latest blog for a deeper dive: https://lnkd.in/e3jd5f6n Here's What You'll Learn: 🔹 Control & Cost Containment: Gain control over plan design and expenses by negotiating rates and using preferred providers. 🔹 Comprehensive Health Programs: Support your team with primary care, telemedicine, and well-being programs through group captive stop-loss insurance. 🔹 Enhanced Flexibility: Tailor health plans to your workforce’s specific needs, leading to increased satisfaction and better health outcomes. 🔹 Transparent & Cost-Effective: Enjoy improved transparency in healthcare costs and potential savings through effective claims management. #EmployeeBenefits #SelfFundedInsurance #Healthcare #CostSavings #Roundstone #EmployeeWellBeing

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  • View organization page for Roundstone, graphic

    4,928 followers

    "...[With fully insured] you send that premium off to the carrier and you're pretty much done until 11 months later when you get your renewal. But what you're giving up with that is all of your control and your transparency and your ability to cater that plan to the needs of your employees.." Ben Rowland joined Roundstone's Rob Hamilton and Pete Dalpiaz for Part One of our recent Captive Essentials webinar series [🔗Watch Here: https://lnkd.in/gu42sjTc] In this Intro to Self-Funding webinar you'll learn: ▪ What is a Captive and how does it work? ▪ How does this model compare to being purely self-funded, fully-insured, or level-funded? ▪ The answers to common questions and misconceptions employers have about self-funding with a captive...and much more! Watch the full webinar and access the downloadable resources, here: https://lnkd.in/e5jESfpV #selffunding #captiveinsurance #employeebenefits #Roundstone

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