Employee Benefit News published an insightful article on the value of a DEVA (Dependent Eligibility Verification Audit) from the perspective of someone within Risk Management. It is certainly worth reading if you are struggling with the rising cost of your organization’s health plan or you are considering a Dependent Eligibility Audit (aka DEVA) for compliance reasons.
Here is a short excerpt:
“As we look at renewal every year with increasingly weary eyes, we rarely find anything that seems new or strategic. We’ve rolled out consumer-driven plans and have enjoyed some savings. We’re all used to raising copays and employees’ share of premiums. And we’ve become our organization’s wellness cheerleaders in the hope of preventing costly claims before they occur.
But this year, like a growing percentage of employers, I’m planning to look a little deeper into our group itself – maybe take a step back and kick the tires a bit. This year, it’s time consider a DEVA (dependent eligibility verification audit).”
You can read the entire article here.
