Consova provides dependent verification services

Consova offers comprehensive Ongoing dependent eligibility verification  to maintain plan integrity between full dependent audits. While ongoing dependent eligibility verification audits are important for any employer, they are critical for any organization with high levels of employee turnover or geographically dispersed employee populations.

Consova’s Working Spouse Provision audit enables employers to boost participation in the rule by 300% or more by confirming the availability of coverage directly with a spouse’s employer. Learn how your plan can achieve 30% participation in its spousal surcharge or spousal carve-out rule.

To enable payers to continue mitigating risk long after the initial audit has been completed, Consova offers highly customizable Ongoing Dependent Eligibility Verification services. Statistics show that upwards of 40% of dependents who are initially identified as ineligible are re-enrolled during the next open enrollment. Approximately 80% of these individuals still do not qualify as legal dependents, leading to substantial risk exposure for the employer and an erosion of the savings generated from the initial audit. This is why Ongoing Dependent Verification is so important.

In order to reduce costs and protect your initial investment, constant dependent eligibility verification is necessary. Any time a dependent is added to the plan, they should be subject to the same strict standards of dependent eligibility verification, whether during open enrollment or during a qualifying event change.

Consova takes extraordinary pride in the way that our partners are pioneers in creating advances and business arrangements outfitted towards social insurance cost control. Working intimately with our most prominent resource, our customers, we have possessed the capacity to convey over $1 Billion of social insurance investment funds. We will keep on evolving, advance, and serve our customers and their individuals with the best, representative inviting cost control arrangements on the market.Consova is a pioneer in the social insurance cost regulation industry. We have a dynamic, entrepreneurial society: each Associate is an esteemed colleague the present state of affairs is reliably tested. Our customers have generally expected more from us, since we furnish our customers with more – more results, more administration, and more development.