Helping employers control the cost and benefits of Group Health Insurance and Workers' Compensation plans.Learn More
KBM Management was founded in 1986 to address the needs of employers who felt helpless when seeking alternatives to their fully insured Group Health and Workers’ Compensation plans. We developed a stop-loss insurance market that allowed clients to explore the ability to self-fund these plans. By un-bundling the components of fully-insured Group Health and Workers’ Compensation plans we allowed our clients to gain more control over claims and costs.
Our large group health insurance consulting experience led to KBM developing a small and mid-market client base of employers interested in partial and individual self-funding. We help our clients focus on driving down premium cost by educating employees on how to better utilize their benefits. KBM provides a full range of services to clients with as few as two employees through our Brokerage Division while continuing to work on a consulting (fee-for-service) basis for our larger self-funded and self-insured clients.
KBM’s Workers’ Compensation services are specific to large, self-insured employers. We help employers assess the benefits of self-insuring their Workers’ Compensation benefits. If our evaluation leads to interest in self-insuring KBM will manage the process of application with the State Workers’ Compensation Board. Our Request for Proposal services provide both new and existing self-insured employers a professional, independent analysis of Administrative vendors. As a result of our experience in the industry KBM places Excess insurance with the highest rated carriers for the best value. On-going Consulting service enables our clients to monitor the plan financials, vendors, and compliance.
IN 2020, KBM SAVED CLIENTS OVER $2.5M THROUGH FUNDING RESTRUCTURING, BENEFIT RE-DESIGN, AND CLAIM AUDITS. SINCE 1986, KBM, A 2ND GENERATION FAMILY BUSINESS, HAS PROVIDED CLIENTS THE HIGHEST LEVEL OF EXPERTISE IN BENEFITS CONSULTING. WHEN YOU CALL US YOU CAN IMMEDIATELY TALK TO A 10-20 YEAR INSURANCE PROFESSIONAL. WE CURRENTLY WORK WITH OVER 200 MUNICIPALITIES, INCLUDING OVER 120 SCHOOL DISTRICTS, AND SEVERAL HUNDRED PRIVATE EMPLOYERS.
Our independent and consultative approach assists employers with valuable solutions, innovative ideas and professional guidance.
Alternative Solutions to Increasing Costs
Benefits Designed to Control Cost
Protect Your Employee Healthcare Investment
Evaluate Your Alternatives
Designing and Managing Self-Insured Workers’ Compensation
Addressing TPA Performance, Claim Handling and Reserve Practices
RFP Development, Analysis and Transition
Appropriate Coverage at Lowest Cost
We serve a varied and dynamic group of clients from large municipalities, consortiums of school districts, state agencies and private employers.
KBM’S staff is associated with many national, state and local organizations through continuing education, memberships, agency affiliations and volunteerism within our community.
Contact us to get a 10 to 20 year professional ready to assist you with your Group Health insurance
and Workers' Compensation Plan Setup, Management & Audits plan needs.