Dependent and spousal verification audits can help contain costs
Qualifying life events can impact who is eligible for benefits coverage under your plan, so it’s important to periodically verify eligibility.
Our data shows that if you haven’t conducted a verification review within the last five years, between 4-6% of dependents may be ineligible for coverage. And this additional cost can impact your ability to provide competitive benefits.
When conducting an audit, we understand that your employee experience is critical and make it easy for them to respond and submit documentation. We also take the time to understand your data and your organization’s culture to make sure the process is consistent for all your participants and cost-effective. And we’ll direct ineligible dependents to appropriate alternatives for coverage, enabling a smooth process for those transitioning off your plan.