According to this article beer can have some health benefits when it is consumed in moderation. The article suggests that moderate amounts of beer can help strengthen women's bones. A study carried out on 1,700 women found that bone density was better in regular beer drinkers then in non drinkers. It is thought that plant hormones in the beer could the reason behind the effect. It appears beer is good for you, drink too much, however, and it can also have the opposite effect.