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Guest David Olsen

Captive Insurance for Health & Welfare Benefits

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Guest David Olsen

Our Risk Management department is looking at providing certain risk policies through a captive insurance arrangement as has asked if our company health & welfare benefit plans can be used to meet the 30% unrelated business requirements. From what I've seen, setting up a VEBA for benefit plans is a much more efficient way of funding benefit plans. Does anyone have any experience in attempting to fund employee benefit plans through a captive?

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Guest shanna

Please clarify what is meant by "captive". Are you referring to captive as to insurance carrier or as to a multi-employer trust?

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