A recent report by PricewaterhouseCoopers lists identifying ineligible dependents as one of the top 10 issues facing the health industry.
“Employer dependent audits: Employers are increasingly hiring experts to check whether their employees’ dependents should be insured under their benefit plans. With 3% to 8% of people failing to produce dependent verification and a $1,900 average annual cost per dependent, savings can range in the millions of dollars. For example, plans with 3% ineligibility per 10,000 dependents, can see savings of $570,000 and those with 8% ineligibility can see about $1.5 million. In 2010, demand for these audits is expected to increase.”
