Ensure dependent eligibility

Studies show that about 7 to 15 percent of insured lives at most companies are dependents that are ineligible for coverage. With dependent premium costs averaging about $2,000 per year - trimming the cost of ineligible dependents by 10% for a 2,500 member workforce with 5,000 covered dependents could save about $1 million in annual premiums.

RealLife Services' dependent audit was created to not only help companies reduce premium overpayments but also help HR save time by outsourcing the manual process of auditing dependent information to ensure benefit eligibility.

Dependent audit services include a complete review and certification of all dependents. In addition to a number of standard validations, the audit verifies the eligibility of each dependent via the collection of birth certificates, marriage certificates or other employer-required documentation. After each event is documented, RealLife Services coordinates any necessary benefits updates or terminations and notifies carriers of plan changes. RealLife Services documents the date each dependent has been certified and provides process recommendations for the future addition of new dependents.

Targeted dependent audits

RealLife Services offers dependent audits for your company's entire dependent population or audits targeted toward high risk dependent categories such as:

• Legal dependent
• Common law spouse
• Domestic partner
• Different last name
• Different address
• Disabled
• Full-time student
• Employee spouse/dependent

Interested in learning more about dependent audit services?   Click here to speak with a sales representative today.