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 Takeaways
- Wholesalers 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 employee
- Example: Beer wholesaler A has 100 employees, saves $7,680 per employee = $768,000 savings...every year
- 65% of covered workers in the U.S. are in a self-funded plan
- Owners 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.
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