Testimonial

“We hired / partnered with what I call a 3rd party administrator to manage our Health Insurance system. They literally took over management of all of our health related insurances in the spring of 2013. They are not insurance agents or brokers. They really act as our HR department concerning insurance costs and administration.

We were struggling with the annual cost increases and reduced service levels from our current insurance brokerage and insurance company.

KBIC is a small privately owned company that acts with our leadership to identify opportunities in our insurance benefits and then unbiasedly represents HMP to the Ohio brokers and insurers to reduce costs, improve service and modify the plan for year over year improvements. We just renewed for year 2 with KBIC and while they are an added cost to us, they have saved us 5 times their fee in both cost (premium) savings and administration relief. That is more than enough for us to stay with them but possibly more importantly, they took over day to day communication with our employees to provide Human Resource level communications and Federal reporting that is growing with each passing year. We save money, provide better coverage to our employees.

They give us best practices, learnings from their other 30+ clients and they manage the paperwork for our Team and government. I could go on, but I’d simply say we are more comfortable today than when we managed health insurance by ourselves. We were lucky with the value KBIC created for us and are happy to be compliant 100% with our requirements under the Affordable Care Act and other benefit regulations.

Steve Houston
Owner / COO, Houston Machine Products Inc