KBM has been designing, implementing and managing self-insured Workers’ Compensation plans for employers since 1986. This fee-for-service function is one of our principal services that have enabled our clients to maximize their benefit expense through complete plan management that includes statistical and actuarial analysis and reporting.
KBMs Claim Management and Reserve Adequacy Audit continues to provide our clients the peace of mind they need when entrusting their claim processing services to a third party. In addition to providing these services to our Plan Management clients KBM has been working on behalf of the NYS Workers’ Compensation Board to evaluate the self-insured Trust market since 2008.
Whether you are currently taking advantage of alternative funding or are fully-insured and interested in exploring the benefits of self-insurance, KBM offers you the opportunity to recognize the cost containment alternatives available to your group. Our team of professionals can analyze your current plan, demographics and costs (benefit and administrative) to determine the best strategy for self-insured implementation and on-going management.
Worker’s Compensation Consulting Services
Designing and Managing Self-Insured Workers’ Compensation
Excess Insurance Analysis and Placement
Appropriate Coverage at Lowest Cost
Request for Proposal: TPA and PBM
RFP Development, Analysis and Transition
Workers' Compensation Claim Audits & Management
Addressing TPA Performance, Claim Handling and Reserve Practices