Human Resources - , ,
Healthcare costs companies millions of dollars annually. Unfortunately, national statistics indicate 5% to 15% of the average company's claimed dependents are actually not eligible for healthcare coverage. Each ineligible dependent costs a company between $2,400 and $5,600 annually.Dependent Eligibility Services identifies ineligible dependents currently enrolled in a company's healthcare plan. Our dependent verification process is turnkey (clients spend less than 30 total hours of involvement), savings are guaranteed and, on average, clients receive a payback of between $5 and $16 dollars for every dollar invested in the process.Our process is 'employee-centric'. We educate employees on eligibility criteria in simple, easy to understand language. During the process, employees become aware or realize their claimed dependent is not eligible for healthcare coverage. The result, 95% to 97% of all dependent deletions are actually made by the employees.
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