By the Numbers

 

Each month we will highlight a number or statistic that is relevant to our member groups. This month, we wanted to share the total dollar amount of claims Roundstone has reimbursed since the beginning of the year. That amount is approximately $41 million. Roundstone retains payment authority for claims in our captive program, which ensures the captive’s interests are looked after. Our 17 person claims department has processed 4,500 submissions so far this year with a turnaround average of approximately two weeks. Stop loss claims are reviewed closely for appropriateness. Captive members’ premium flows into the captive - and the members retain 100% of underwriting profits. At Roundstone, we consider ourselves the stewards of your captive dollar.

 

If you have any questions or would like to learn more about our cost containment strategies, please feel free to contact us at info@roundstoneinsurance.com or 440-617-0333. You can also visit our website for more information RoundstoneInsurance.com.

 

Roundstone Management, LTD | 15422 Detroit Avenue, Lakewood, OH 44107 | 440.617.0333 | info@roundstoneinsurance.com | roundstoneinsurance.com