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

Learn how BASIC can assist you with Dependent Eligibility Verification, request a proposal today!

About Dependent Verification

What is Dependent Verification?

Dependent verification is the process by which an employer or insurance provider confirms the eligibility of dependents enrolled in an employee’s health insurance plan. This typically involves requesting documentation, such as birth certificates or marriage licenses, to verify the relationship between the employee and their dependents. Dependent Verification helps ensure that only eligible individuals receive coverage under the plan, reducing costs and preventing fraudulent enrollment.

Who is Dependent Verification for?

Employers who offer benefits such as health insurance, dependent care assistance, or other dependent-related benefits can benefit from dependent verification. If an employer never performs dependent verification, they risk covering ineligible dependents under their benefits plans, which can lead to increased costs due to unnecessary coverage. Additionally, it can result in potential legal and compliance issues, as well as inconsistencies in benefit administration and fairness among employees. ERISA requires that every fiduciary of health plans ensure only those eligible individuals are enrolled and covered under those plans.