Dependent Eligibility Audit Guide
10 Reasons Why Leading Employers Verify Dependents to Reduce Cost and Eliminate Risk
What You’ll Learn about Dependent Eligibility Audits
Save money by focusing benefits spend on only the eligible participants
Prevent fraud and reduce the company’s overall spend and financial risk
Increase compliance with federal regulation and avoid costly penalties
What It’s About
It’s expensive to offer an employee benefits program, especially when there are dependents on your rolls that are ineligible. Rather than implementing cost-cutting measures like reducing benefits or increasing co-pays, dependent eligibility audits can identify those individuals who are not eligible to participate in a company’s benefit plan.
Join Bradley Taylor, EVP of Business Development at PlanSource as he breaks down how dependent verification works and how to implement one at your organization. In addition to teaching you his method, you’ll learn about the incredible value a Dependent Eligibility Audit can provide.
About Our Speakers
Emma Fromholz and Bethany Christian Services successfully completed their first dependent audit in March 2017. During the course of the audit, she learned a great deal about the subtle art of dependent verification, which she will share in the webinar.
Emma has been with Bethany Christian Services for a year and a half and has worked in HR and benefits for multinational companies for more than 5 years. She holds a Bachelor Degree in Business and Human Resources from Grand Valley State University.
Executive Vice President,
Bradley Taylor is responsible for building new revenue opportunities, creating strategic partnerships and facilitating the cross-selling of company-wide products, services and capabilities.
In 2004, Bradley founded Next Generation Enrollment, a leading provider of benefits administration technology services, which was acquired by PlanSource in early 2017. Prior to Next Generation Enrollment, Bradley was a group sales representative at Unum, one of the largest insurance carriers in the world. He is a graduate of Miami University of Ohio.
How Much Could You Save with a Dependent Verification Audit?
We’ve found that, on average, 6% of dependents listed on benefits plans are ineligible. What does that mean to you? $10,000? $100,000? More? Run a few scenarios on our Dependent Eligibility Savings Calculator and see how high your potential savings could be!
Request a Dependent Verification Discovery Session and Quote
We’re offering a 15% discount on PlanSource Dependent Eligibility Audit services.