Our Services
For more than 20 years, KTP has helped employers provide high-quality retiree health benefits at costs consistently below national averages. Our success comes from a disciplined, daily focus on the main drivers of retiree benefit expenses and spotting opportunities for continuous improvement. We work closely with each client to understand their culture, strategic goals, risk tolerance, funding preferences, and contractual commitments, enabling us to develop and implement solutions that align with each organization’s unique objectives.
We work with a trusted network of strategic partners to provide specialized expertise in ERISA law, actuarial analysis, prescription drug audits, data analytics, and benefit plan administration. Our clients gain from a knowledgeable, dedicated team focused on one goal: delivering cost-effective, compliant, and sustainable retiree health benefits.
Advisory Services
-
Our advisory support helps clients navigate a complex and changing retiree health landscape while aligning benefit strategies with organizational goals.
-
Our advisory services include:
Strategic planning for retiree health benefits
Short- and long-term cost forecasting and modeling
Guidance on funding strategies, risk tolerance, and plan sustainability
Regulatory and compliance insight (ERISA, Medicare, and emerging rules)
Analysis of market trends, plan performance, and cost-saving opportunities
Recommendations tailored to each client’s structure, goals, and constraints
We act as a strategic partner, making sure decisions are informed, compliant, and focused on long-term value.
Plan Management
-
KTP offers practical plan design, evaluation, and performance management to help clients sustain high-quality, cost-effective benefits year after year.
-
Our plan management services include:
Plan design, evaluation, and optimization
Vendor and carrier selection, negotiation, and implementation
Annual performance reviews and experience analysis
Claims reporting and financial monitoring
Actuarial collaboration for pricing, eligibility, and forecasting
Ongoing plan adjustments to align with business objectives and regulatory changes
Our approach ensures your plans remain competitive, efficient, and aligned with your retirees’ needs.
Administrative Support
-
We coordinate with trusted administrative partners to provide seamless day-to-day support and ensure operational stability for retiree benefit programs.
-
Administrative services include:
HRA, COBRA, and Flexible Spending Account administration
Prescription drug consulting and claims audit support
Employee and retiree communications
Data analytics and reporting
Coordination with ERISA and employment law attorneys
Collaboration with accountants, actuaries, and benefit advisors
This integrated model provides a solid administrative foundation, easing the workload for HR teams and improving the retiree experience.
Promise Labor Benefits, in partnership with KTP Advisors, provides union retirees nationwide with structured group-based Medicare solutions designed for stability, affordability, and long-term sustainability, ensuring access to coverage wherever retirees live.
While KTP delivers strategic advisory services to funds and employers, Promise brings that expertise directly to retirees who no longer have access to fund-sponsored coverage. Together, we provide a comprehensive retiree healthcare ecosystem that supports both plan sponsors and individual members.
Extending Our Strategy: Promise Labor Benefits
40% — Retirees with Fund-Sponsored Coverage
KTP Advisors partners directly with Funds to design, negotiate, and oversee group Medicare retiree plans that are financially sustainable and aligned with long-term benefit strategy.
Our role includes:
Retiree health strategy development
Plan design and cost modeling
Carrier procurement and negotiation
Governance and administrative oversight
Long-term sustainability planning
For this population, KTP serves as a strategic advisor and fiduciary partner.
40% — Union Retirees with Group Medicare plans (KTP Advisors)
60% — Retirees Without Fund Coverage
Not all retirees maintain access to a Fund-sponsored plan. To ensure this population is not left navigating Medicare alone, KTP Advisors established Promise Labor Benefits, our sister company focused exclusively on structured group Medicare solutions.
Promise Labor Benefits provides:
Group Medicare Advantage (MAPD) programs
Comprehensive, coordinated coverage options
Guided support for retirees transitioning to Medicare
Collective purchasing leverage in the Medicare marketplace
By creating Promise, KTP extended its strategic oversight beyond Fund-sponsored plans, ensuring retirees without Fund access still benefit from a structured, group-based solution.
60% — Union Retirees WITHOUT Group Medicare plans (Promise Labor Benefits)
Contact us.
If you have questions or would like more information about our services, please contact:
Nicole Allen – nallen@ktpadvisors.com