Slowly add the dry ingredients to the wet, mixing as you go. Do not over-mix.
Stir in the chocolate chips.
Measure out 1/4 cup of dough and roll it into a ball. Gently press down on the center, creating a "well" for the caramel.
Add one or two (unwrapped) caramel squares to the well in the cookie dough.
Measure out another 1/4 cup of dough, and cover the caramel with it. Roll up the whole thing (a total of 1/2 cup of dough) into a neat ball. Place it on a silicone or parchment lined cookie sheet. DO NOT FLATTEN.
Place only 3 cookies on a sheet and space them out so there's plenty of room for spreading. Bake at 350 for 14-16 minutes. Allow them to cool on the sheet for at least 5 minutes before moving.
This recipe only yields 6 cookies. They are 6 large cookies. Feel free to double the recipe for a larger batch!