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Plan-Smart Dependent Verification Services
1. Aon Hewitt
Risk. Reinsurance. Human Resources.
Initial, ongoing, and event-based dependent verifications preserve the integrity of your benefit plans
by identifying incorrectly enrolled dependents. Sometimes these enrollments are simple oversights
by the employee or plan administrator. Other times, they’re an intentional attempt to gain benefits
for someone not entitled to coverage. Either way, these enrollments cost the plan and the plan
participants significant dollars.
It Makes Business Sense
In addition to cost savings and cost containment, other good business reasons to perform a dependent
audit include:
To demonstrate fiduciary responsibility;
To reduce compliance risk under Sarbanes-Oxley, ERISA, and DOL guidelines;
To adhere to the exclusive benefit rule;
To provide fair treatment of all employees;
To keep benefits premiums low; and
To demonstrate that employee fraud is not acceptable at your company.
Plan-Smart—An Easy-to-Implement Solution
Plan-Smart performs the verification work and removes a potentially tedious task from the desks of the HR
team. Aon Hewitt’s easy-to-implement solution helps ensure a maximum return on your benefits investment
by reducing future dependent health care costs and improving employee understanding of health care cost
drivers and their personal responsibility for controlling these costs.
Plan-Smart performs a complete audit of your entire enrolled dependent population. Only a complete audit,
as compared to a statistical sampling, can ensure maximum return on investment while treating all
employees equitably.
Measurable and Documented Results
Plan-Smart delivers significant financial results measured in months, not years. Depending on the size of a
population, the cost savings can be substantial. Our solution reduces the number of enrolled dependents by
as much as 30 percent with an average reduction of 5 to 7 percent. At an average cost per covered
dependent of $4,100, the savings to be gained add up quickly.
If you’re interested in
learning how your company
and its plan participants can
benefit from Aon Hewitt’s
Plan-Smart dependent
verification services, contact
your local Aon Hewitt
consultant, visit the Plan-
Smart Web site at
plan-smart.com, or email
peoplesolutions@aonhewitt
.com