New study supports the Roundstone Guarantee: Employers will
save money over five years compared to fully-insured, or Roundstone
will pay the difference
NEW
ORLEANS, May 2, 2024 /PRNewswire/ -- Roundstone, a
trailblazer in employee health benefits, announced today at its
9th annual Medical Captive Forum in New Orleans that its group medical captive
solution has been validated by the Validation Institute for cost
savings. The Validation Institute found that employers who
participate in the Roundstone Captive for self-funding their group
health insurance have lower per member, per year costs than they
would have paid for a fully-insured plan.
"Roundstone can deliver these savings because we offer a more
aligned and cost-effective funding model for employee
health benefits," said Michael
Schroeder, Founder and President of Roundstone. "We have low
fixed costs, a proactive approach to cost containment, full data
and pricing transparency, and our own in-house underwriting team.
We're in it for long-term success and that means delivering
consistent, stable renewals for employers and their advisors."
Roundstone guarantees that 100% of employers in the captive will
save money. After 5 consecutive renewals, if an employer has not
saved money, Roundstone will pay the difference between what was
paid and what would have been paid being fully-insured
"Validation Institute reviewed four years of data, which showed
an employer's per member, per month cost averaged $675 less than what they could have paid for a
fully-insured plan. This is significant savings for the employer,"
said Linda Riddell, Chief Data
Scientist, Validation Institute.
About Roundstone
Roundstone is an innovative employee health benefits company. We
help small and midsize organizations offer competitive benefits at
a lower cost by self-funding 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. 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. Stay
connected to our blog, LinkedIn, and X.
About Validation Institute
Validation Institute provides unbiased, data-driven insights
on healthcare solutions and services by validating performance
claims made by healthcare solution providers and educating
purchasers to drive transparency in the marketplace and maximize
cost-savings. More information is available at
https://www.validationinstitute.com.
Media Contact:
Terri White
440-617-0333
377051@email4pr.com
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SOURCE Roundstone