Ohio-based medical group captive specialists Roundstone has distributed nearly $10m in cash back to business owners participating in its group medical captive. The company said the $10m represented 17% of total premiums in the pool.
“Two-thirds of Roundstone customers save enough in their first four years with us to pay the claims for their entire fifth year, and 100% save money,” said Roundstone’s president Mike Schroeder. “For employers who must attract and retain employee with great benefits, the need to control health insurance costs over the long term is an imperative. We are committed to helping them and this latest distribution shows that.”
Roundstone’s group medical captives are designed for small to mid-zed employers across sectors in the United States.