Why Conduct an Audit?

Dependent verification services make good business sense

Enrolled dependents
average reduction:

5-7%

Plan-Smart delivers significant financial results measured in months, not years. Our program 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 near $3,360, the savings can add up quickly.

In addition to major cost savings, there are many good business reasons to conduct an audit including:

Demonstrate fiduciary responsibility
Reduce compliance risk under Sarbanes-Oxley, ERISA and DOL guidelines
Provide fair treatment to all employees
Keep benefit premiums as low as possible
Demonstrate that employee fraud is not acceptable at your organization