Dependent
Verification

The dependent eligibility audit that could save an employer thousands.

Features that benefit you:

Variety of Audits Available

Customized Communication Plan to Employees

Follow-up, Confirmation and Disenrollment Notifications Available

Certified Compliance Experts

Spousal Eligibility Verification Available

Detailed Executive Audit Report

BASIC saves you money and valuable time by ensuring that each dependent in your medical benefit program is accurately listed and eligible for coverage.

Providing coverage to ineligible dependents can be expensive

In 2007, a study by the Kaiser Family Foundation found that the average cost to an employer for health coverage of an employee’s dependent was approximately $2,400 per year. This amount has been rising with the cost of health care.
Studies show anywhere between 3% – 8% of dependents covered by an employer’s health plan are ineligible for coverage.
In a recent BASIC Dependent Audit, just over 8% of dependents were found to be ineligible. This resulted in over $270,000 of annual cost savings for the client

Best-in-class service

Dependent Audit specialists available for client inquiries
Various forms of employee communication include letters or emails
Improves employee relations by removing the employer and eliminating them from being cast in a negative light

A Proven Process

Our Dependent Audit Administration services can save an employer a significant amount of money by finding and removing ineligible dependents from employer sponsored health coverage.

BASIC’s collaborative approach allows our program to be tailored to your company culture
BASIC will work with the employer to deliver an effective communication plan to their employees on the purpose of the audit and required documentation
BASIC will advise you of the available options for timing, amnesty and communication
BASIC will administer the audit process and work with employees through the eligibility, un-enrollment and appeal processes
BASIC will present a final report with audit data and identify changes made to employee benefit plans