Strategic Clarity

Transform Healthcare Into a Strategic Asset

Evidence-based PBM, GLP-1, and renewal strategy.

Trusted by executives who treat healthcare with capital-allocation discipline.

The System Isn't Built
for Employers

It's built for intermediaries who profit from complexity and opacity.

PBM Opacity

Spread pricing, phantom discounts, and rebate games inflate costs by 15-25% while keeping employers blind to unit economics.

GLP-1 Cost Inflation

Metabolic drug spend growing 240% YoY with no forecasting framework, clinical governance, or EBITDA protection strategy.

Network Margin Leakage

Site-of-care arbitrage, reference pricing gaps, and network steerage create hidden margin capture by intermediaries.

KRMC exists to flip the power dynamic back to employers.

See Our Approach

Our Advisory Approach

Evidence-based consulting backed by institutional-grade methodology

Financial Rigor

NDC-level analytics, rebate validation, trend modeling, and cost attribution with audit-grade precision.

  • Pharmacy unit economics
  • GLP-1 cost forecasting
  • EBITDA impact modeling
  • CFO-ready dashboards

Contract Intelligence

PBM auditability, formulary steering detection, waste mapping, and clause-by-clause analysis.

  • Spread pricing detection
  • Rebate validation
  • AWP manipulation audit
  • Contract optimization

Governance Layer

Unified KPIs, executive dashboards, board-level evidence, and complete audit trails.

  • Evidence Intelligence Layer
  • Canonical data modeling
  • Reproducible calculations
  • Regulatory compliance

Every recommendation is grounded in evidence, math, and reproducible methodology — not consultant intuition.

Powered by Kincaid IQ

The Employer Intelligence OS that turns data into decision-ready insights

Real-Time Intelligence.
Audit-Ready Evidence.

Every KRMC engagement is powered by Kincaid IQ — the first employer-controlled intelligence platform that transforms messy healthcare data into clean, structured, CFO-grade KPIs.

Live dashboards with PBM waste detection, GLP-1 risk modeling, and EBITDA impact

Evidence Intelligence Layer shows the math behind every number

Unified view for CFOs, CHROs, and executive teams

$2.4M
GLP-1 Annual Spend
PEPM Trend+47%
18.2%
Estimated Waste
Spread Pricing$847K
-3.2%
EBITDA Impact
Addressable$1.9M
About Kincaid RMC

Where Employer Benefits
Finally Make Sense

Kincaid Risk Management Consultants exists because most employers are trapped in a benefits system that feels like a riddle wrapped in a puzzle. Kincaid RMC is the counter-move. We are the counter-weight.

We're the firm that rips the lid off pharmacy games, fee stacking, network fog, and consultant mystique — replacing all of it with clarity, evidence, and accountability.

We're a team with 102 years of consulting experience from across Fortune 500 benefits, global consulting, pharmacy strategy, actuarial insight, and CFO-driven cost controls.

We built KRMC for one purpose: to help employers see the truth behind every dollar they spend. We invest in research & development at breakneck speeds in the vehicles of AI and GLP-1 Spend.

Radical Transparency

Surgical strategy and concrete results you can exhibit. We blend elite consulting intelligence with the humanity of real partnership.

Modern Risk Management

This isn't old-school benefits work. This is employer risk management — rebuilt for the modern era — with honesty as the operating system.

Whether you're trying to control pharmacy costs, build a metabolic strategy, navigate GLP-1 chaos, evaluate a PBM, or protect your EBITDA from runaway health inflation, Kincaid RMC is the partner who shows you exactly what's happening, why it's happening, and how to fix it with precision.

What KRMC Does Differently

This is your anti-broker manifesto. We operate on a different standard.

The Old Way

Hidden spread pricing inflates costs
Rebate-chasing drives formulary decisions
Consultant mystique obscures reality
Conflicted incentives compromise advice
Data held hostage by vendors
Renewal chaos every year

The KRMC Way

Radical Clarity

We show you the math behind every number. No hand-waving, no black boxes.

Evidence-First Consulting

Every recommendation comes with receipts: claims data, contract clauses, and audit trails.

No Spread Pricing

We don't profit from pharmacy markups or hidden spreads in your PBM contracts.

No Rebate Games

Zero incentive to steer you toward high-rebate drugs that cost your plan more.

No Opacity

Complete transparency in our compensation, methods, and recommendations.

CFO-Grade Transparency

Financial intelligence with narrative simplicity that executives can act on immediately.

KRMC is where employers finally get the transparency, intelligence, and outcomes they've deserved all along. We don't play the games everyone else plays because we're not incentivized to play them.

Solutions Offered by KRMC

Built for employers who are done playing the guessing game.

PBM Strategy & Contract Intelligence

We dissect every line of your PBM contract, every AWP trick, every 'rebate promise,' every spread, and every dollar you think you're saving but aren't. If there's a loophole, we find it before it finds you.

GLP-1 & Metabolic Health Architecture

We build employer-ready GLP-1 strategies that control cost, support outcomes, and avoid the wildfire spend most plans are stumbling into. Evidence-based, clinically aligned, CFO-approved.

Medical & Pharmacy Cost Intelligence

From high-cost claimants to unnecessary utilization patterns to benefit design distortion — we map the actual drivers of your spend so you're not solving the wrong problems with the wrong levers.

Broker & Consultant Accountability

We evaluate your broker's compensation, performance, conflicts, and behaviors using a structured, receipts-only framework. If someone's eating out of both sides of the bowl, you'll know.

Plan Design Optimization

We rebuild your health plan using real data — not recycled playbooks. The result: cleaner incentives, lower waste, better outcomes, and a plan that doesn't quietly cannibalize your EBITDA.

Stop-Loss & Risk Strategy

We analyze underwriting, lasers, claims risk, and network behavior to protect you from the volatility that guts budgets. No more crossing fingers during renewal season.

Evidence Intelligence Reporting

Every recommendation comes with receipts — every claim, every KPI, every justification. You don't just get advice; you get an audit-ready proof file behind it.

Executive-Ready Analytics via Kincaid IQ

The war-room engine that turns all your data into a live dashboard. Clean visuals, fast insights, and CFO/CHRO alignment without the usual chaos.

Every solution is grounded in evidence, powered by Kincaid IQ, and delivered with the transparency the industry hates but CFOs love.

Talk to Kincaid RMC

How KRMC Delivers

Everything we do is built to expose the truth — and deliver it without the usual BS.

Kincaid RMC delivers employer benefits consulting the same way elite engineering teams ship mission-critical systems: clean inputs, zero ambiguity, full transparency, and ruthless precision. You're not getting vibe-based consulting or recycled PowerPoints. You're getting a firm that treats your health plan like a financial engine — and holds every vendor, PBM, broker, and clinical partner to the same standard of evidence that a regulator or auditor would.

We don't hide the math

Every insight comes with a receipts folder: line-item claims, contract clauses, KPIs, benchmarks, evidence trails. If we tell you where waste is hiding, we show you the exact line where it lives.

Zero conflicts. Zero backdoor economics

No override commissions, no bonus pools, no 'preferred vendor' incentives. We get paid by one party: you. The advice isn't compromised. The outcomes aren't negotiated.

Engineering discipline to a broken system

Benefits is messy because everyone hand-waves through numbers. We take the opposite route — canonical data, structured KPIs, reproducibility, and transparent calculations.

Insights delivered through Kincaid IQ

Instead of 100-page PDFs and renewal-season chaos, you get a living dashboard: PBM waste, GLP-1 risk curves, broker economics, clinical hotspots, EBITDA impact — all in one place.

Understand your plan in minutes, not months

We simplify the complexity: one-page visuals, clean narratives, direct recommendations. CFOs get clarity; CHROs get alignment; employees get better outcomes.

We name the games no one else will

Spread pricing. Rebate chasing. Specialty inflation. Contract distortion. Network arbitrage. If it's happening behind the curtain, we surface it.

Every recommendation is built for your culture, not copied from a playbook.

We don't slap in a trendy program because it worked somewhere else. We build solutions that fit your workforce, values, and financial reality.

Leadership Team

102 years of combined experience from Fortune 500 benefits, global consulting, and AI systems engineering

Dave Meguschar

Chief Executive Officer

Yale & DePauw Leadership

Dave Meguschar is the Chief Executive Officer of Kincaid Risk Management Consultants, leading the firm's strategy, client outcomes, and growth across employer benefits, risk, and analytics. He's focused on turning complex healthcare and risk economics into clear decisions for executives—reducing volatility, tightening governance, and building repeatable operating systems that scale across mid-market and enterprise clients. Dave's leadership style is simple: measurable results, transparent incentives, and zero tolerance for "trust us" math.

Jeremiah Franklin Shrack

President & Chief Operating Officer

MIT & Harvard Influence

Jeremiah Franklin Shrack serves as President & COO of Kincaid Risk Management Consultants, where he runs operations, delivery, and the firm's analytics-driven client execution. He's known for blending actuarial-grade rigor with executive storytelling—helping CFOs and CHROs see exactly where plans leak money, where incentives are misaligned, and what to do next. Jeremiah also leads the build-out of Kincaid's data and intelligence capabilities that turn claims, contracts, and vendor performance into board-ready insights.

Dan Kelly

Chief Revenue Officer

Growth Strategy & Market Execution

Dan Kelly is Chief Revenue Officer at Kincaid Risk Management Consultants, responsible for growth strategy, go-to-market execution, and building lasting client partnerships. He specializes in positioning complex solutions in a way that lands with executives: clear value, clear outcomes, clear accountability. Dan's focus is scaling Kincaid's reach while keeping the commercial engine aligned with what clients actually care about—cost control, risk reduction, and decision velocity.

Tyler Brown

Senior Vice President, AI Development

MIT & Harvard AI Systems

Tyler Brown is SVP of AI Development at Kincaid Risk Management Consultants, leading the technical build of Kincaid's AI and analytics capabilities—from data pipelines and KPI engines to user experiences that make complex risk feel simple. He's focused on shipping production-ready intelligence: auditable calculations, reliable refresh cycles, and tools executives can trust under pressure. Tyler's lane is turning Kincaid's domain advantage into defensible software that makes transparency operational, not theoretical.

Our Mission

Give Employers Their Power Back

Kincaid exists to expose what's hidden, measure what matters, and end healthcare opacity. We replace vendor narratives with truth, building the first-ever Employer Intelligence OS that bends the cost curve with evidence, not hope.

Evidence > Everything

Every insight backed by audit-ready data. No consultant mystique, no hand-waving—just mathematical truth.

Radical Transparency

Zero conflicts. Zero backdoor economics. We're paid by one party: you. The advice isn't compromised.

Precision Execution

Clean inputs, structured KPIs, ruthless precision. We treat your health plan like a financial engine.

This isn't consulting theater.

This is employer risk management—rebuilt for the modern era—with honesty as the operating system and Kincaid IQ as the engine powering every insight.

Bring CFO-Grade Discipline
to Healthcare.

Talk to Kincaid RMC

Ready to bring transparency to your employer benefits strategy? Let's start the conversation.

Request a Consultation

Get in Touch

Whether you're evaluating a PBM, building a GLP-1 strategy, or looking for transparent benefits consulting, we're here to help.

Office

Enterprise Plaza
Suite 500

Typical response time: Within 24 business hours. For urgent matters, please call directly.