Affordable Health Benefits for Small to Mid-Size Employers
Stay up-to-date with the latest trends and learn about how small to
midsize businesses can enjoy the benefits of self funded health insurance.
Highlights -Level-funded insurance and self-funded insurance are alternatives to traditional fully insured plans. -Unlike self-funded plans, level-funded health insurance offers little control over plan elements
Highlights -A strong summary plan description (SPD) explains your insurance plan, including eligibility, to your employees. -Roundstone allows you to customize your SPD
Highlights -With Roundstone, plan renewal is part of a long-term strategy, not a once-a-year premium increase. -Roundstone plan members have full access to
Highlights The Internal Revenue Code 831(b) establishes that qualifying captives may pay tax on investment income only and not their underwriting income if they
Affordable health insurance for small and midsize businesses seems more unrealistic every year, and there are many reasons for that. This article addresses some of
Highlights – Group medical captive insurance allows small to midsize companies to share the risk of a self-funded insurance plan while saving money and gaining
Last week, Roundstone representatives attended the Health Rosetta Summit both live and virtually, and were blown away by the good the community is doing. This
Highlights – Captive insurance is a more flexible form of self-funded insurance that can help prevent you from passing increasing costs on to your employees.
Employers who offer their employees a health benefits plan may want to consider adopting a stop-loss policy to obtain reimbursement for losses stemming from frequent
Owners of small and midsize businesses need to think long-term when planning how to best manage healthcare insurance costs. On one hand, employers want to
Cost containment and wellness measures contribute to 17% of unspent captive premium dollars to be returned to organizations in the group medical captive LAKEWOOD, Ohio,
Of the many expenses companies incur as part of doing business, health insurance is one of the biggest. To find and retain a solid pool
Roundstone momentum continues with 94% revenue growth and 80% increase in employees over a three-year period LAKEWOOD, Ohio, Aug 17, 2021 /PRNewswire/ — Roundstone, a
Modern learning platform supports health benefits advisors looking to enhance knowledge of self- funding medical group captives for differentiation, business growth and client satisfaction LAKEWOOD,
The idea of asking your insurance carrier for your healthcare and claims data has been taboo for so long that it isn’t listed as an
We sat down with Steve Glick of Chamber Insurance Trust on a weekend edition of the Flashpoint Healthcare radio show on Connecticut’s WDRC to talk
Thanks to all who attended Roundstone’s virtual Medical Captive Forum. Nearly a thousand people registered to learn more about self-funded solutions for quality and
MCF 2021 will offer vibrant programming, impactful discussion, and opportunities to reflect and connect on the state of healthcare and health insurance today. The live
It surprises people to learn that Roundstone employs two registered nurses as an integral part of the CSI Team – our data analytics and insights
In spite of global pandemic, the health insurance company’s proactive cost containment measures enable 17% of premium dollars to be unspent and returned to
What’s that amazing feeling in the air? Oh yeah, it’s hope. More people are getting vaccinated each day, baseball season is right around the corner,
Recently, we sponsored and participated in Health Rosetta’s Community Dividends virtual event, and wow, were we blown away! The event, which brings together Health Rosetta
We’re reminded every February (also known as heart health month) how important a productive, happy, and healthy employee is. But this year, we’re faced
The growth of self funded health insurance and stop-loss captive programs has been significant over the past several years providing the perfect example of self-insurance
Roundstone has been keeping tabs on the most creative and innovative solutions implemented by open-minded employer clients over the past year to better meet their
The Gemcare Wellness program is designed to help at-risk members reduce or even reverse the onset of type II diabetes. Consisting of classes and
Do you want to hear from an expert on great health insurance plan design? Because you may be at a crossroads where covering the increases
Do you have a strategy to offer your employees the best benefits in town without raising their contribution year after year? According to a recent
If you’re in the health and wellness industry, you already know that a robust benefits package is the best way to attract and retain top talent. Affordable, quality health insurance is often cited as a much sought-after benefit in your industry, but many companies feel trapped by rising costs and limited options. Rising healthcare costs have become the second biggest problem facing businesses like yours.
It’s a challenging time to be a benefits advisor right now, but you are rising to the challenge. With renewal season upon us, many
If you’re in manufacturing, you already know that a robust benefits package is the best way to attract and retain top talent. Affordable, quality health insurance is often cited as a much sought-after benefit in your industry, but many companies feel trapped by rising costs and limited options.
If you’ve been considering a self funded health insurance plan, you may have come across the term Pharmacy Benefit Manager (PBM), and thought what’s that?
What if there was a way to get control over your healthcare spend, without sacrificing the coverage you want? What you’re looking for is
If your company is part of a professional association, and you’ve been looking for affordable healthcare plans, you’re in luck. As an employer, you want
Keeping an eye on your costs and learning how to contain them can impact your bottom line right now in a big way- it’s time to see just how the flexibility of a self-funded plan can deliver dramatic savings.
For the past several weeks, we’ve all been collectively holding our breath as we followed state and federal guidelines on how to help flatten the
It’s no surprise that telemedicine services are gaining in popularity. Both the drop-in nature of these services and the ability to access care
Many businesses are focused on cash flow right now. There are numerous options for loans, including the Payroll Protection Program (PPP loan) from the
You have endured health benefit premium increases for years. And now, the fully insured market is teeing up massive rate increases for 2020. You may
61% of covered workers are now participating in self-funded plans, including 50% of firms with 200-999 employees. Why is self-funding the trend? Simply put: It
What is Consumerism in Healthcare? By Nate Szabo In its most basic terms, consumerism refers to the theory that spending money and consuming goods is good
Many of you recently received double-digit rate increases from your employee benefits carriers. Now you are adjusting your 2020 strategy to absorb the financial hit.
By: Mike Schroeder, President Your insurance broker should work for you. Unless you’re already working with Roundstone along with an advisor that approaches
Well-Being Programs Promote Long-Term Savings on Health Care Costs By: Marcy Leonard, Well-Being Coordinator The health of a company’s employees plays an obvious role on
The health care benefits landscape is becoming increasingly difficult for employers to navigate, especially as insurance premiums continue to rise and unemployment rates maintain record
By: Mike Schroeder, President Are you perplexed by this question: is your company’s health benefits plan fully insured or self-funded? If you answered
September 17, 2019 – LAKEWOOD, OH – Roundstone, a Lakewood-based health insurance provider specializing in self-funded group captive solutions, is proud to announce the
As we enter the busy season of securing renewal business while also striving to acquire new clients, I’d like to take just a minute to
By: Nate Szabo, Cost Containment Consultant High drug costs affect more than just the individuals filling their prescriptions each month. Employers offering private
Digestive diseases, or gastrointestinal disorders, are ailments of the digestive tract, including the esophagus, stomach, intestines, liver, pancreas, and gallbladder. These diseases have become a growing problem in the United States, placing a financial burden on individuals as well as their employer-sponsored health insurers. Digestive disorders are responsible for an extraordinary number of clinical visits and hospitalizations each year. In fact, the Massachusetts Medical Society estimates that overall annual expenditures for digestive disease care totaled more than $136 billion.
While a liver transplant surgery is the second most common transplant surgery after the kidney, it is not a common health care condition faced by a majority of Americans. According to the United Network for Organ Sharing, less than 1% of the U.S. population has had an organ transplant. These surgeries are only necessary after every other treatment option has been exhausted and/or completely ruled out. Needless to say, it can be overwhelming to navigate through the process of selecting the right path of care to get the best possible outcome.
By: Book Chrobak, Health Analytics Manager As health prices continue to rise and health insurance premiums soar past inflation, Americans across the country
By: Alice Sabo, Marketing Manager This past May, Roundstone hosted its annual Medical Captive Forum (MCF) at the Global Center for Health
By: Sue Russo, Underwriter With health insurance inflation rates skyrocketing and premiums escalating, American business owners must start looking for new ways to manage their per
Learn how group captive health insurance plans can help participating mid-market companies save enough for an entire year of coverage within their first four
Self-funded group captive health insurance plans offer mid-market employers the opportunity to make the right choices when an employee needs a liver transplant surgery.
Health Insurance & Employee Engagement: A Cost Saving Opportunity The health insurance marketplace is doing a pretty good job of introducing new and more effective
Healthcare benefits are a top three-line item expense for most employers. Worse, they are ever increasing, often seeing yearly increases of 10% or more.
Getting your employees involved and educating them on how to be consumers of their own healthcare is the next step to realizing cost savings for your company. Here’s how to heighten employee engagement.
Are you getting the most bang for your healthcare buck? Book Chrobak illustrates the perfect example that you don’t necessarily “get what you pay for” when it comes to medical care.
Rah-rah! Roundstone University just finished it’s first quarter! Our eLearning educational platform was designed specifically for advisors to learn more about Roundstone and captive insurance.
Looking for new ways to help your employees? Wondering about the latest technology and strategies available for saving on your company’s health care? Mark your calendars now for the 2019 Roundstone Medical Captive Forum!
Receiving health insurance spend data is nice but a customized, robust analytics dashboard is better! Coming in 2019 to Roundstone participants…for free!
Written by Cindi Roberts, Stop Loss Claims Operations Manager Cost containment solutions fall into two broad categories – those focusing on reducing
Written by Book Chrobak, Health Analytics Manager Many of us read about the importance of the plan document language in last month’s By
At Roundstone, we believe in a proactive approach to cost containment and plan language. Precise language which strictly states available coverage and full compliance to
By Book Chrobak, Health Analytics Manager Switching to self-funding health benefits allows employers to take control of their costs, design their benefit coverages,
By Mike Schroeder, President Life is full of decisions and choices. These decisions can be addressed from a long-term or short-term perspective.
Employers are continually looking for ways to control medical costs. This is especially true for self-insured employers. One strategy that has emerged is the implementation
Matt Monda, Chief Operating Officer At its most basic, self-funding is a mechanism an employer uses to pay for its employees’ health care
September of 2018 Edition A business leader is responsible for establishing the strategic direction of their organization. In doing so, they make daily decisions
Many women in the United States are waiting longer to give birth to their first child. In 1970 the mean age of a woman, when
We introduced the Roundstone Cost Saving Investigators (CSI Team) to help employers optimize the value of transparency and control. The CSI Team is always looking
The Cost Savings Investigators (CSI Team) are not a single department, but rather a collection of professionals across several of Roundstone’s departments. They use
2018 Medical Captive Forum Recap “I learned more about health insurance in two hours than the past 20 years I spent trying to figure out
June of 2018 Edition As we review our recent Captive Forum and place the finishing touches on July 1 business, the importance of controlling
Subrogation can be complicated and time consuming. The first few days after an insured claimant suffers a loss are critical information gathering moments. Subrogation
What happens when an employee requires medical care for an accident that is not their fault? Say for instance, an employee is driving home from
The spring session of the Roundstone Advisors Council (RAC) was held on May 10, following the 2018 Medical Captive Forum, at Roundstone’s office in Lakewood,
726,950 Organ transplants performed in the past 20 years Although an employee needing an organ transplant is a rare occurrence, statistics show that
Organ transplantation increased significantly in recent years. Over 30,000 transplants were performed in the US in 2016 alone, a record high for the fourth consecutive
Let’s face it – life can get fairly hectic. Between our careers, our family lives, our social lives, and any number of other outside
Our healthcare system is notoriously difficult to navigate. Providing your members with a Healthcare Advocate is a cost-effective way to help them better navigate
Cancer is one of the leading causes of death and disease in the United States. The American Cancer Society (ACS) estimates that approximately 1.7 million
Melanoma is 43 times more expensive following diagnosis at Stage IV compared to Stage 0. By Abigail Riolo, Data Analyst In 2016,
February of 2018 Edition Another busy 1/1 season comes to a close. This one seemed to run longer than in years past. Many more
With the election of President Trump, speculation began about how he might fulfill his campaign promise of repealing Affordable Care Act and increasing the availability
Specialty drugs are typically high dollar medications. Many specialty drugs can be administered in a hospital setting, outpatient setting, and at home, but not
Expenditures on prescription drugs are currently one of the fastest rising costs within the healthcare industry. The majority of the growth in drug spend
New Year’s resolutions often focus on areas of self-improvement. Whether weight loss, generosity or religious commitment, one’s New Year’s goals look to improve how we
Marcy Leonard: Introduce a Workplace Wellness Program Launched in 2014, our wellness program has given employees the tools to make a difference with their
By Marcy Leonard, Program Analyst / Wellness Coordinator The growth of wellness programs in small and mid-size companies is exploding. Employers can leverage these
Recent research shows that savings for every dollar spent on a workplace wellness program ranges from $1.65 – $4.00.Here are some of the reasons wellness
October of 2017 Edition The engines are running fast these days. Not to be confused with the hard running AC because of an unusual
As we enjoy a summer break and celebrate the birthday of this great country, I step back and reflect on the wins and losses
Choosing a TPA At its most basic, self-funding is a mechanism an employer uses to pay for its employees’ health care. It’s also an investment
As the 1/1 business draws to a close, I cannot help but recognize the differences in the advisor market. Some appear to sail through the
As the January 2017 renewal season comes to a close and the dust begins to settle, Roundstone will again see a significant increase in
It has never been easier to save money and
provide the benefits your employees deserve.
