Massachusetts Municipality

“The City engaged KTP Advisors to assist in converting its self – insured health plans for Medicare eligible retirees to fully insured plans which would be competitively bid.  This action required not only the professional knowledge of appropriate plan design and the technical knowledge of how to structure, analyze and award bids; it also involved negotiating the concept as well as the plan design with a committee which represented both active, unionized employees and the community of retirees.  I found the assistance of KTP in this effort to be invaluable.  The KTP staff was knowledgeable, creative, and available as needed during a process extending over many months.  They even participated in the negotiations.  The end result was the achievement of annual savings of about $2.5 million.”

Chief Financial Officer