{"id":9781,"date":"2020-09-01T14:44:54","date_gmt":"2020-09-01T18:44:54","guid":{"rendered":"https:\/\/roundstoneinsurance.com\/?p=9781"},"modified":"2022-12-14T08:26:32","modified_gmt":"2022-12-14T13:26:32","slug":"manufacturing-case-study","status":"publish","type":"post","link":"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/","title":{"rendered":"Manufacturing Case Study"},"content":{"rendered":"\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>If you\u2019re 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.<\/p>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Roundstone has the answer. Designed specifically for small to mid-size employers, our group self-funded health insurance program offers plan flexibility, claims transparency, and control in managing costs. It\u2019s all the benefits of self-funding \u2013 without the volatility \u2013 as employers like you band together to collectively self-insure like a Fortune 500. It\u2019s an easy solution that saves you money and gives your business a cashflow injection when you need it most.<\/p>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>A self-funded plan with Roundstone can save you big. The case study below demonstrates the impact of a self-funded plan. The employer in question switched to Roundstone in 2013, and in 5 years saw improved cashflow, along with&nbsp;<strong>savings of $565,311<\/strong>. Their PEPY (per employee per year) cost has dropped an average $4,946 annually, and they\u2019ve been able to&nbsp;<em>add&nbsp;<\/em>services like annual on-site screenings and a wellness initiative, without increasing costs for employees.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"has-text-color wp-block-heading\" style=\"color:#39495b\"><h2><strong>Manufacturer of Industrial Labels in Cleveland, OH<\/strong><\/h2><\/h2>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Third-Party Administrator: <\/strong>Meritain<\/p>\n\n\n\n<p><strong>Network:<\/strong> AETNA<\/p>\n\n\n\n<p><strong>Enrolled:<\/strong> 25<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Fully Insured Cost as of January 2013 to December 2018:<\/strong><\/p>\n\n\n\n<p class=\"has-text-color\" style=\"color:#dd8a61;font-size:30px\"><strong>$2,297,466 <\/strong>(5 year total cost)<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Actual Cost Self Insured in the Roundstone Medical Group Captive:<\/strong><\/p>\n\n\n\n<p class=\"has-text-color\" style=\"color:#a9be5f;font-size:30px\"><strong>$1,732,155 <\/strong>(5 year total cost)<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>5 Year Savings:<\/strong><\/p>\n\n\n\n<p class=\"has-text-color\" style=\"color:#a9be5f;font-size:30px\"><strong>$565,311<\/strong><\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>IMPACT<\/strong><\/p>\n\n\n\n<p>&#8211; Improved Cash Flow<\/p>\n\n\n\n<p>&#8211; $4,946 Per Employee Average Annual Savings<\/p>\n\n\n\n<p>&#8211; Annual On-Site Screening<\/p>\n\n\n\n<p>&#8211; Wellness Initiative <\/p>\n\n\n\n<p>&#8211; No Increase for Out-of-Pocket to Employees<\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"excerpt\">If you\u2019re 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. <\/p>\n","protected":false},"author":4,"featured_media":9783,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3005],"tags":[],"class_list":["post-9781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v25.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Manufacturing Industry Case Study | Roundstone Insurance<\/title>\n<meta name=\"description\" content=\"If you&#039;re in manufacturing, you know that a robust benefits package is the best way to attract &amp; retain top talent. 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Explore our self funding insurance plan!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/\" \/>\n<meta property=\"og:site_name\" content=\"Roundstone Insurance\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RoundstoneInsurance\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-01T18:44:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-14T13:26:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/roundstoneinsurance.com\/excelsior\/wp-content\/uploads\/2020\/09\/Manufacturing-Case-Study-768x512.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jasmine Bibb\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CaptiveInsurer\" \/>\n<meta name=\"twitter:site\" content=\"@CaptiveInsurer\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jasmine Bibb\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/\"},\"author\":{\"name\":\"Jasmine Bibb\",\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/#\/schema\/person\/6306fbe31bfdf04ee717c4e058b48dde\"},\"headline\":\"Manufacturing Case Study\",\"datePublished\":\"2020-09-01T18:44:54+00:00\",\"dateModified\":\"2022-12-14T13:26:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/\"},\"wordCount\":260,\"publisher\":{\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/#organization\"},\"image\":{\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/roundstoneinsurance.com\/excelsior\/wp-content\/uploads\/2020\/09\/Manufacturing-Case-Study-768x512.jpg\",\"articleSection\":[\"Case Study\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/\",\"url\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/\",\"name\":\"Manufacturing Industry Case Study | Roundstone Insurance\",\"isPartOf\":{\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/manufacturing-case-study\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/roundstoneinsurance.com\/excelsior\/wp-content\/uploads\/2020\/09\/Manufacturing-Case-Study-768x512.jpg\",\"datePublished\":\"2020-09-01T18:44:54+00:00\",\"dateModified\":\"2022-12-14T13:26:32+00:00\",\"description\":\"If you're in manufacturing, you know that a robust benefits package is the best way to attract & retain top talent. 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