About us
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 to achieve 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
  • Auditing
  • Benefits Finance and Budgets
  • Claims Administration and review
  • Customer Service Operations
  • Government Relations and Regulations
  • Human Resource Consulting
  • Life Insurance and AD&D
  • Long Term Care Insurance
  • Long Term and Short Term Disability
  • Medical and Dental Insurance
  • Medical Management
  • National Networks Integration
  • Operations and Procedures
  • Provider Contracting
  • Reinsurance – Stop/Loss
  • Retirement Plans
  • Qualified Defined Contribution and Defined Benefit
  • Arrangements
  • Risk Management Assessments
  • Special Risk Coverages
  • Third Party Administration
  • Utilization Review Services
  • Trust Fund Merger Studies
At ICMS, you will work with a professional team that is uniquely qualified to meet your goals.

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
  • 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
  • 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

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 client’s 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.

We create new standards of service and results by partnering with clients to deliver innovative and practical employee benefits solutions using a consultative approach.

Powered by innovation, guided by integrity and collaborative approach, we help our clients achieve their most challenging goals.


We apply our knowledge, skills and resources to yield new insights and bold ideas.


We are committed to creative and constructive growth, transformation and renewal.


We strive to set an ethical example, nurturing a culture of mutual trust, respect and responsibility, openness, truthfulness, and inclusion.


We wholeheartedly pursue every opportunity with passion, purpose and partnerships. Clients, associates and colleagues deserve our best.


We measure our success by how well we enable our internal and external customers to achieve and to thrive.


We strive to set an ethical example, nurturing a culture of mutual trust, respect and responsibility, openness, truthfulness, and inclusion.

ICMS utilizes our UBA partnership for your benefit!

United Benefit Advisors (UBA) is the nation’s leading independent employee benefits advisory organization.

UBA Partners aren’t franchises – they are independent benefits advisors who live in your community and understand your unique needs. While they remain independent,UBA Partners join together in a network of information-sharing, allowing them to tap into the experiences of more than 2,000 benefit professionals. By gaining knowledge and resources from their colleagues across the country, UBA Partners can find sophisticated, cost-effective solutions that are equal to or better than those from large brokerage firms while continuing to offer the personal service and attention that only an independent advisor can deliver.

The UBA partnership is a diverse crowd that spans North America and the U.K. and is composed of experts in a wide range of employer-related fields, including benefit plan management, HR consulting, compliance, retirement services, and more. Whatever challenges you face, UBA Partners can find solutions for you through their shared best practices, documents, and high-quality services.

In addition to their expertise and resources, Partners share a few other vital assets — trust, integrity and total commitment to the success of their clients. By being Partners of UBA, advisors demonstrate that they are committed to helping their clients craft competitive benefits packages while adhering to the highest level of ethical standards in the industry. UBA partnership requires a real dedication to honesty, professionalism, and integrity — values that translate into superior service for employers.

Not every advisory firm can meet these stringent standards of quality and expertise. Partnership is granted by invitation only, and firms are carefully selected based on their professionalism and success. Ask us today about how UBA Partners can help protect your company’s financial health and make a real difference in the lives of your employees.