ASE has partnered with Verifi1, who provides verification solutions and advanced document analysis, including dependent eligibility verification and life event reviews for a wide range of healthcare applications. The review is designed to confirm:
- All covered dependents on the plan are eligible
- Claims expenses are incurred for eligible dependents only
- Regulatory compliance is adhered to
- The integrity of the plan is maintained
Verifi1 finds an average of 3-8% ineligible dependents during the initial verification, and as much as 17% during ongoing verification programs. With an average amount saved per ineligible dependent exceeding $4,000, this can equate to hundreds of thousands of dollars in savings for the employer.