Roundstone makes $4.2m cash distribution to its group medical captive members

Roundstone, a health insurance provider specialising in self-funded medical group captive solutions, has reported a $4.2 million pro rata cash distribution.

The distribution was made to business owners across the US that are enrolled in Clarity, its  group medical captive.

The figure represents 17 percent of premiums in the pool. Roundstone said it had achieved savings via cost containment measures and consulting services that are bundled in with its health insurance offering.

Roundstone distinguishes itself from other traditional fully-insured and self-funded options for health insurance, emphasising its transparency that includes actionable insights from health plan data to help identify potential areas of savings.

Mike Schroeder, president at Roundstone, said: "Over the past few years, we have returned over $30 million dollars back to our customers."