HRAdvance: The Standard in Eligibility Solutions Dependent Eligibility Audit Dependent Eligibility Verification Plan-Smart: Dependent Eligibility Audit Verification Solutions  

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Did you know the average audit returns more than 600% ROI which is literally hundreds of thousands of dollars per year? Check out your potential cost savings here.

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Why Do a Dependent Eligibility Audit?

  1. Reduce expenses on your Medical Plan without changing the plan design or employee contributions. Compelling economics: typical results indicate 10% ineligible dependents are enrolled on employer health plans which translates to hundreds of thousands of dollars per year in cost savings.

  2. Fiduciary responsibility to stakeholders and plan participants
    1. Exclusive Benefit Rule (ERISA)
    2. Section 125 exposure (pre-tax deductions not allowed for ineligible participants)
    3. Audit Controls

  3. Effective employee communication builds the value and perception of your company benefits being provided to your workforce.  Plus improving employee awareness around health plan costs helps sets the tone from the top that company provided healthcare is a privilege, not an entitlement and fraud is not tolerated.

 

HRAdvance Clients

Eligibility Quality Controls:
How did we get here?

Health plan enrollment has lacked any meaningful Internal Controls for decades. For instance, enrollment forms have not changed much since the 70s. Moving enrollment to the Web simply compounds the problem. This outdated process was designed to facilitate gaining coverage through an employee signature, but paper and web forms fails to verify the eligibility of dependents.  

The fact is that most providers don’t have the infrastructure, systems, or incentives to ensure quality control.

In order to have effective controls you need:

  1. A comprehensive evidence based verification process; and
  2. A Gate Keeper solution that takes ongoing events such as hires, fires, promotions, weddings, divorces, COBRA, etc. into account and manages eligible dependents.
Do you have effective quality controls for your health plan(s) dependent eligibility? 

 



  ●Lowering Healthcare Costs

  ● Eligibility Case Study

  ● What Can Go Wrong?

 



 


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