Captive Insurance is a Game-Changer for Beer Wholesalers

21/03/2025 47 min
Captive Insurance is a Game-Changer for Beer Wholesalers

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Episode Synopsis

In our beer wholesaler business we used a self-funded insurance plan to save millions of dollars over the cost of traditional fully funded health plan. In today's podcast, Erin Butler of BevCap Management will show you how to do the same in your beer business. Key TakeawaysWholesalers in the BevCap group save $640 per month, per employee compared to the average fully funded insurance premiums. This works out to a savings of $7,680 per year, per employeeExample: Beer wholesaler A has 100 employees, saves $7,680 per employee = $768,000 savings...every year65% of covered workers in the U.S. are in a self-funded planOwners and CEOs take note: Managing your health insurance and achieving massive savings isn't just the job of HR, it's a leadership issue. Take the first step to learn more about captive insurance. Your income statement (and your employees) will thank you.ResourcesConnect with Erin Butler to learn more about captive health insurance plans: [email protected] the free financial training newsletter from Beer Business Finance

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