With the continued increase in healthcare costs, employers are becoming increasingly interested in cost containment measures.  Studies show that between 5 – 14% of dependents on a plan are ineligible for coverage.  With estimates placing the annual savings at more that $2,000 per plan participant, it is becoming increasingly clear that companies need to look at performing an Eligibility Audit.

The benefits of an Eligibility Audit are clear.  First and most important, is a reduction in annual premium due to eliminating employees and dependents who should not be covered on your health plan.  Second, there is a reduction in claims expenses that would be generated for these ineligible employees.  The reduction in premium costs and claims expenses produce a significant savings on your health premiums at renewal.