About Us
At ICMS, you will work with a professional team
that is uniquely qualified to meet your goals.
Our professionals’ backgrounds include the following disciplines:
ICMS is a full service employee benefits consulting firm. By utilizing creative and ICMS solutions, we assist our clients in achieving greater value by increasing efficiencies, reducing cost thereby enhancing employee productivity consistent with each client’s unique culture. In their assignments, our professionals draw on industry experience to develop solutions unique to our clients’ culture and human capital needs. At ICMS, our strength is our people. You will find our team foundation includes experienced and diversified professionals that come from senior management Benefit Plans and technical backgrounds.
Actuarial Studies and Valuations
Long Term Care Insurance
Auditing
Long Term and Short Term Disability
Benefits Finance and Budgets
Medical and Dental Insurance
Risk Management Assessments
Claims Administration and review
Medical Management
Customer Service Operations
National Networks Integration
Government Relations and Regulations
Third Party Administration
Operations and Procedures
Utilization Review Services
Human Resource Consulting
Provider Contracting
Trust Fund Merger Studies
Life Insurance and AD&D
Reinsurance – Stop/Loss
Our Approach
Our History
Our Approach
ICMS provides you the added value of our detailed analysis and expert knowledge in the employee benefits market. This allows you to make an informed decision on the plan that best fits the needs of your organization.
Needs Analysis
- Understand your objectives
- Begin needs assessment
- Data gathering
- Determine priorities
- Bring best resources together
Integrated plan Design
- Creative planning ideas
- Plan audits and comparisons
- Benchmarking
- Funding and financing analysis
- Recommendations
Coordinated Implementation
- Provider negotiations
- Plan communications
- HR support
- Enrollment assistance
- Plan documents delivery
Communication
- Open Enrollment
- Train the Trainer
- Educational Seminars
- Life Events Guide
- Electronic
- Communications
- Surveys
- Wellness
Active Monitoring
- Project plan execution
- Compliance follow-up
- Periodic reviews
- Re-marketing of benefits
- Managing change effectively
Results
- Controlled costs
- Maximized benefit programs
- Informed decisions
- Proactive, not reactive approach
- Time, money & tax savings
Our standard services include:
- Benefit Plan Design
- Bid Preparation & Carrier Marketing
- Comprehensive Market Review Report
- Implementation Time Line
- Creation of Employee Communication Materials
- Printing of Employee Communication Materials
- Conduct Employee Communication Meetings
- Problem Resolution Outsourcing
- Signature Ready Form 5500 Preparation
- Legislative Compliance and Updates
- Consolidated billing and on line enrollment (fee based)
- Employee Benefits Intranet
- Human Resource Information Intranet
- Employee Resource Intranet
Our History
Innovative Cost Management Services, Inc.(ICMS) was founded in 1986 to provide professional, custom tailored consulting and brokerage services to Employee Benefit Sponsors including Single-Employers, Multi–Employers and Individuals.
Today, ICMS continues to be a full service employee benefits consulting and brokerage firm and our growth is attributed to the services offered and extensive use of senior executives and technical associates with broad, relevant consulting experience.
ICMS President Mike Finnerty’s philosophy is to help our clients accelerate the goals of their business by solving problems, adapting to changing HR conditions and ensuring they compete at every level.
In addition to employee benefits sponsors, ICMS also provides consulting services to PPO, HMO and Utilization Review Organizations, Medical Groups, Third Party Administrators and Insurance Companies.
ICMS is a California Corporation headquartered in downtown San Jose.
Our Mission, Vision and Values
Mission:
We create new standards of service and results by partnering with clients to deliver innovative and practical employee benefits solutions using a consultative approach.
Vision:
Powered by innovation, guided by integrity and collaborative approach, we help our clients achieve their most challenging goals.
Ingenuity
We apply our knowledge, skills and resources to yield new insights and bold ideas.
Growth
We are committed to creative and constructive growth, transformation and renewal.
Integrity
We strive to set an ethical example, nurturing a culture of mutual trust, respect and responsibility, openness, truthfulness, and inclusion.
Thoughtfulness
We wholeheartedly pursue every opportunity with passion, purpose and partnerships. Clients, associates and colleagues deserve our best.
Dedication
We measure our success by how well we enable our internal and external customers to achieve and to thrive.
Accountability
We strive to set an ethical example, nurturing a culture of mutual trust, respect and responsibility, openness, truthfulness, and inclusion.
Reach Us
Benefit your organization by working with ours.
95 S. Market Street, Suite 600 San Jose, CA 95113
408-244-8535
408-244-3721
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