We published an article in the June issue of Benefits Selling. Below is an excerpt:
“Dependent-eligibility audits are an all-too-often overlooked cost control tool
Employers continue to use an arsenal of strategies to help control their health care costs. Wellness and disease management programs, consumer-directed health plans, and quality initiatives are all valuable tools in an employer’s armory.
But what if the most effective weapon was well within their reach, but wasn’t being used? Many employers have found that dependent eligibility audits can dramatically reduce their health care costs. Brokers who understand how dependent eligibility audits work, and how to discuss them with their clients, have a rare opportunity to strengthen their relationships and possibly gain new customers.
A recent risk
During the last 20 years, human resource departments have benefited from the integration of technology into most of their core processes. Payroll systems, recruitment software, and enrollment management software all have helped automate tasks that once required a large amount of paper shuffling. However, this paperless automation has brought with it an unforeseen risk….”
