In this episode of Captivating Health Insights, host Maddison Bezdicek sits down with Kevin Hallen, Managing Director, Health Solutions at Captive Resources, to conclude a captive education mini-series focused on captive structure. Kevin explains how health captives function as member-owned insurance vehicles within a self-funded model supported by stop-loss coverage and a shared reinsurance layer. He outlines how risk is structured across layers and explains the differences between pooled and risk-reward models. The conversation also explores how governance through board participation provides transparency and control, how captives help stabilize renewals and reduce exposure to market volatility, and why structure plays a key role in long-term performance. Kevin emphasizes the importance of education and alignment, highlighting how employers can evaluate whether a captive structure fits their goals, risk tolerance, and overall healthcare strategy.