Roundstone has partnered with Guiding Life, HealthSCOPE Benefits and LDI Integrated Pharmacy services to launch a new captive medical insurance solution.
Health 180 is designed specially for employers seeking proactive early detection and cost containment strategies.
Guiding Life CEO Jim Bode explained: “Health 180 is a new concept in the market. Employers participating in this distinctive programme are seeking a better outcome for their employees and their bottom line. The cost containment strategies adopted through Health 180 will be setting the standard for other companies to follow.”
The programme is built on Roundstone’s Mid-Market Med captive product, which delivers the transparency required to proactively manage health trends.
The partnership means Roundstone will manage the captive vehicle, underwriting and claims management. Guiding Life will bring its expertise in health risk management, advanced biometrics and reporting.
HealthSCOPE Benefits will provide networks, customer care, claims management, value-based benefits and complex care management and negotiation.
LDI Integrated Pharmacy Services will manage pharmacy spending with programmes including premium drug lists and prescription rebates.
Michael Schroeder, president of Roundstone, commented: “Roundstone has a proven track record with our Mid-Market Med product. We’re excited to partner with these industry experts and bring employers a product that, on average, offers flat costs year over year.”
