Roundstone

Roundstone

Insurance

Lakewood, Ohio 4,950 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

    4,950 followers

    📣 Join Our Upcoming Webinar! 𝐓𝐡𝐞 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐄𝐱𝐩𝐥𝐚𝐢𝐧𝐞𝐝: 𝐇𝐨𝐰 𝐑𝐨𝐮𝐧𝐝𝐬𝐭𝐨𝐧𝐞 𝐇𝐚𝐬 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐞𝐝 $𝟗𝟏.𝟖 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐒𝐮𝐫𝐩𝐥𝐮𝐬 𝐁𝐚𝐜𝐤 𝐭𝐨 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐫 𝐂𝐥𝐢𝐞𝐧𝐭𝐬 Since our inception, Roundstone has delivered a remarkable $91.8 million in surplus back to captive participants by consistently paying an annual cash distribution to our employer clients - But how? Join us on 𝐉𝐮𝐥𝐲 𝟑𝟏 𝐚𝐭 𝟏𝟏:𝟎𝟎 𝐚𝐦 𝐄𝐓 for this live webinar, where we'll reveal the strategies, best practices, and core philosophies that make this possible. 🔗 Register Here!: https://lnkd.in/eN_P4Tj3 What You'll Learn: 🔹 Understanding Distributions: What they are and where they come from 🔹Transparent Financial Model: How Roundstone ensures financial stability 🔹Employer-Focused Strategies: Our approach to Underwriting and Cost Containment 🔹Alignment with Employers: How we prioritize your best interests and partner with like-minded industry leaders 🔹FAQs: Answers to all your questions Don't miss this opportunity to gain valuable insights into how Roundstone consistently delivers positive results and guaranteed savings to our clients! #CaptiveInsurance #EmployeeBenefits #HealthInsurance #Selffunding

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  • View organization page for Roundstone, graphic

    4,950 followers

    The July edition of the #Roundstone Roundup is here! What's inside... 🔹 On Demand Webinar: Captive Essentials 🔹 6 Reasons Why You'll Save More Money with Roundstone Compared to other Captives 🔹 Industry News: 80% of Employers plan to improve their benefits offerings, but how? ...And More! Subscribe today to stay in the loop in all things #selffunding! #EmployeeBenefits #CaptiveInsurance #EmployeeHealth

    The Roundup | July 2024

    The Roundup | July 2024

    Roundstone on LinkedIn

  • View organization page for Roundstone, graphic

    4,950 followers

    Tired of skyrocketing #prescriptiondrug prices impacting your business? Discover how to regain control with Roundstone's innovative approach! 🔗 Read the full blog: https://lnkd.in/eMXEFWEW What is Roundstone's approach? 🔹 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐁𝐞𝐧𝐞𝐟𝐢𝐭 𝐏𝐥𝐚𝐧𝐬 Tailor your healthcare plan to fit your needs and budget with clinical management programs and employee education. Choose cost-effective Pharmacy Benefit Managers (PBMs) to manage your prescription costs effectively. 🔹 𝐂𝐡𝐚𝐦𝐩𝐢𝐨𝐧𝐢𝐧𝐠 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 Access detailed claims data with our CSI Dashboard to identify cost-saving opportunities and optimize spending. See real results, like Totem Solutions saving $6,000 in their first year. 🔹 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐂𝐨𝐧𝐭𝐫𝐨𝐥 Gain control over drug choices and coverage, encouraging the use of generics to save on medication costs. Design a high-quality, affordable healthcare plan that meets your specific needs. Read on to learn more! #employeebenefits #healthinsurance #selffunding #pbm

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  • View organization page for Roundstone, graphic

    4,950 followers

    Did You Know? The captive return fund, is a key attribute of a financially efficient captive. This pool of funds, built from your stop-loss premiums, ensures that even in challenging years, you’re still in a strong position.    Here’s why Roundstone stands out: 🔹 We allocate 68-70 cents of every stop-loss dollar into our return fund, compared to the typical 50-60 cents in most captives. 🔹 We also pay investment interest on these dollars, providing you with an extra financial boost. Since our inception, we’ve proudly distributed over $72 million back to our captive participants. How is Roundstone able to reliably pay a distribution to its employer groups, when other captives don’t? Simple – with a commitment to keeping fixed costs low, applying effective cost containment solutions, adhering to sound claim adjudication principles and passing any surplus back to employers where they belong.  Contact us to learn more! https://lnkd.in/eutfJp96 #employeebenefits #CaptiveInsurance #Selffunding

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  • View organization page for Roundstone, graphic

    4,950 followers

    We’re #hiring! Roundstone is seeking a Systems Administrator to play a crucial role in assessing and resolving system issues to minimize disruptions and uphold the company's operational efficiency. Are you adept at managing complex networked systems and possess strong troubleshooting capabilities? Read on to learn more about his position and apply today! #JoinOurTeam #TopWorkplace #Roundstone

  • View organization page for Roundstone, graphic

    4,950 followers

    Our employees are the heartbeat of our success. Their dedication to our mission and commitment to our core vales makes us who we are. It's their passion and teamwork that drive us to deliver exceptional results for our clients every day. We are proud of our incredible team and inspiring culture we've built together. Thank you for making Roundstone one of the Top Workplaces in Northeast Ohio! #CompanyCulture #CoreValues #Teamwork

  • View organization page for Roundstone, graphic

    4,950 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

    4,950 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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