{"id":49829,"date":"2023-09-05T00:00:32","date_gmt":"2023-09-05T04:00:32","guid":{"rendered":"https:\/\/roundstoneinsurance.com\/?p=49829"},"modified":"2024-01-26T11:14:53","modified_gmt":"2024-01-26T16:14:53","slug":"roundstones-how-we-avoided-increasing-employee-contributions-for-8-years","status":"publish","type":"post","link":"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/roundstones-how-we-avoided-increasing-employee-contributions-for-8-years\/","title":{"rendered":"Roundstone\u2019s Success Story: How We Avoided Increasing Employee Contributions for 8 Years"},"content":{"rendered":"

Just as a sturdy house requires a strong foundation, solid walls, and a protective roof, a robust health insurance plan requires strategic planning, a strong but flexible design, and good maintenance strategies. This analogy perfectly illustrates Roundstone\u2019s journey when we transitioned to our own self-funded group captive plan.<\/p>\n

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From 2009 to 2019, healthcare costs skyrocketed by 30%<\/a>, making health insurance increasingly unaffordable for many small to midsize businesses<\/a>. It’s a trend that’s spiraling out of control — healthcare costs continue to get more expensive<\/a>.
\nTraditional insurance providers continually raised premiums every year, but we found a way to buck this trend. Eight years ago, we made the switch from traditional, fully funded insurance to our own self-funded insurance<\/a> plan.<\/p>\n

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The result? Roundstone employees have seen no premium increase for 8 consecutive years. What\u2019s more, we have been able to stabilize healthcare expenses, a feat that defies the industry trend \u2014 all while growing the company and providing tailored, high-quality benefits to our employees.<\/p>\n

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Through participation in our own self-funded group captive, Roundstone employees have seen no meaningful increase in their premium contribution for 8 straight years.<\/p><\/div>\n

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Here\u2019s how we did it.<\/p>\n