Tony Schy, Partner, was quoted in an article on the effectiveness of dependent eligibility audits in reducing employer health plan costs and helping the employers with compliance.
“These days, employers will stop at nothing to eliminate excessive health plan costs. Increasingly, more benefit managers are finding they can wipe out millions of dollars worth in one fell swoop by conducting dependent eligibility audits.
Employers conducting such audits generally realize 3% to 12% of covered dependents are not eligible for their plan…”
To read the rest of the article follow this link to the original story:http://ebn.benefitnews.com/news/dependent-audits-surge-as-employers-look-for-cost-cutting-alternatives-2681391-1.html
