Nationwide Insurance Partners With Roundstone Management To Offer Self-Insured Employee Health Benefits

Nationwide Insurance, best known for its property and casualty insurance products, has contracted with Roundstone Management, Ltd. to market a stop-loss product for small- to mid-size businesses seeking to offer self-insured employee health benefits, rather than purchase a group health insurance plan. Roundstone offers a product for groups of multiple, related, or non-related organizations with between 50 to 1,000 employees each enabling the organizations to pool their risks above a self-insured employer deductible. The Patient Protection and Affordable Care Act of 2010 (PPACA) requires employers to offer affordable employee health benefits, and imposes fines . . .