DUBLIN--(BUSINESS WIRE)--Dublin - Research and Markets (http://www.researchandmarkets.com/research/lzbq5n/how_to_reap_big_he) has announced the addition of the "How to Reap Big Health Care Savings Through a Dependent Audit" audio conference to their offering.
Important question: How many dependents on your health care plan are actually not eligible for coverage?
Studies show that typically as many as 15% of dependents on company health insurance plans are ineligible. Sometimes they're ex-spouses the children of unmarried partners or even nannies and neighbors! A few years ago, Ford Motor Co. discovered it was erroneously covering benefits for 50,000 ineligible dependents a huge, wasteful cost.
How to Reap Big Health Care Savings Through a Dependent Audit will show you how to slash your organization's health costs by conducting your own dependent eligibility audit.
You will learn:
- How to put in place a dependent eligibility verification (DEV) program that fits your organization and the changing health care laws.
- How to calculate the potential savings from a dependent audit system over a 5-year period and how to communicate that to upper management.
- How and when your ongoing dependent eligibility verification efforts should become a standard part of your practices.
The honor system method of dependent verification is not practical anymore. The costs and risks are simply too high and getting higher every day.
Recent changes in the new health care laws make dependent management more important than ever. How can your organization protect itself from ineligible dependents when there are no more lifetime limits on benefits? And what's the impact of having to add older dependents (up to age 26) who were formerly not eligible?
By identifying and removing ineligible dependents, you'll cut costs, prevent erroneous claims and improve the renewal process. Stop leaving thousands of dollars on the table learn how to cut your health plan costs today!
For more information visit http://www.researchandmarkets.com/research/lzbq5n/how_to_reap_big_he