7 June 2019Analysis

Roundstone group captive clients receive healthy rebate


Roundstone, a US provider of self-funded group captive health insurance, recently distributed over $5m to US business owners currently enrolled in one of its group medical captives.

Roundstone’s captive health insurance offering allows employers to retain any money they do not spend on their annual healthcare, as well as sharing the proceeds of the captive’s yearly performance. The idea is that business owners can invest the money saved back into their internal operations.

The $5m was dispersed among 210 groups in total, with an average reported income of $24,262 per group, and the largest check sent was worth $199,000. Checks were sent via mail throughout May and into June, with the recipients including small and mid-sized companies across various industries.

Mike Schroeder, president of Roundstone, said: "Rewarding companies for their pursuit of value-added health care purchasing is important to our mission."


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23 August 2019   Roundstone, the Lakewood-based health insurance provider specialising in self- funded group captive solutions, has distributed $7.2 million to business owners across the nation currently enrolled in one of the company's group medical captives.

More on this story

article
23 August 2019   Roundstone, the Lakewood-based health insurance provider specialising in self- funded group captive solutions, has distributed $7.2 million to business owners across the nation currently enrolled in one of the company's group medical captives.