As a consultant in this industry, you’ve seen how your mid-size clients struggle to keep benefit costs affordable. Increased healthcare expenses erode an employer’s bottom-line and impact its ability to attract and retain talent. These factors make mid-size employers an ideal candidate for Roundstone’s approach to captive insurance. Working with a knowledgeable partner like Roundstone you can help mid-market companies unlock the benefits of captive insurance and see that self-funding isn’t just a large employer strategy.
Finding the Right Fit
Captive insurance can be a game changer for mid-size employers; however, we recognize some of your clients may be hesitant to own and operate an insurance company. Roundstone specializes in matching employers with the best program for their specific needs.
Our Mid-Market Med program is a stop loss group captive that minimizes the risk of self-funding by pooling exposure with many other mid-size employers. Your clients would participate in their own stop loss group captive, and any unused premium would be returned to them as distribution at the end of the year.
Companies who join a stop loss group captive maintain these characteristics:
- Employers with 20-1,000 eligible employees
- Tired of the lack of transparency into the costs that are driving annual premium increases
- Desire to gain more control over the benefit plan through choice of network, claims service, plan contract language, and cost containment solutions
- Ready to embrace change that positively impacts the bottom-line
Wondering if your clients want to lower healthcare costs? Let us help you find out. Contact Us.