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21 August 2019
Ohio
Reporter Becky Bellamy

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Roundstone delivers distribution increase

Roundstone has reported a $2.1 million increase in distribution to business owners across the nation currently enrolled in one of the company’s group medical captives.

The figure increased from $5.1 million, which was reported earlier this year, to $7.2 million.

The Roundstone self-funded captive health insurance strategy allows employers to proactively manage health care costs and retain any money they do not spend on their annual healthcare.

Participants also share in the outcome of the captive group's yearly performance.

Roundstone president Mike Schroeder, said: "Helping these employers reduce their health care costs year-over-year allows business owners to invest money back into their operations. The reward of health care savings also benefits employees of companies adopting our proactive approach to managing costs."

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