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Dependent Eligbility Verification Audit

Secova's Dependent Eligibility Verification Audit (DEVA) is a process to certify the eligibility of enrolled dependents and capture lost dollars through the termination of dependents who do not comply with eligibility requirements for your entire benefit structure, including medical, dental and vision plans. By identifying and removing non-eligible dependents with this process, the Dependent Eligibility Verification Audit saves administrative costs, prevents filing of erroneous claims, and improves the renewal process by ensuring that accurate demographic data is used to determine plan pricing.

Why Should You Perform A Dependent Eligibility Verification Audit?

To Get A Feel on How Much You Can Save Click on the Savings Calculator
  • Realize Immediate Savings  Based on vertical, Secova's clients experience a 5 % - 15% reduction of ineligible dependents, translating into multi-million dollar benefit cost reduction that begins to accrue in as little as 3 months.  
  • Provide Compliance To Plan Rules Secova's Dependent Eligibility Verification Audit process works to ensure that your participants adhere to eligibility guidelines and verifies that your organization is in compliance with plan rules and applicable eligibility requirements.
  • Meet Plan Fiduciary Obligations Secova's Dependent Eligibility Verification Audits help you manage your fiduciary liability concerning the tax implications of pre-tax premiums attributable to each ineligible dependent.

What Dependent Eligibility Verification customer support philosophy does Secova use to yield the greatest cost savings? Secova delivers custom solutions focused on education, communications, and participant advocacy support to ensure a positive experience for employees while simultaneously delivering exceptional results. It is our job to be "in the know" so we can assist you in staying ahead of the curve throughout the data verification stage all the way down to the termination and coordination of non-eligible dependents.

After you complete your initial Dependent Eligibility Verification Audit, Secova's Ongoing Dependent Eligibility Verification program is your next step in managing your plan participants 'qualifying events' and managing 'new hires' that are added on to your health care plan to ensure accuracy of all dependents.