Dependent Audits DONE RIGHT: When?

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Wednesday, November 14, 2018 11:08:00 AM Categories: Tools of the Trade

For many of you, it's Open Enrollment season. Whether it is or isn't, it's definitely a good time to consider a Dependent Eligibility Audit (DEA).

DEAs done right_

Many groups use Open Enrollment as a time to formally announce the upcoming Dependent Eligibility Audit. They'll remind employees of the eligibility rules, and mention that an audit will be conducted sometime in the New Year. An ideal time to do a DEA is right after Open Enrollment, when you have the most accurate enrollment information / data with which to populate the DEA forms.

While many of our clients are choosing to wait until the new year to conduct their audits, a best practice is to do the audit's planning and customization in November or December. If the DEA Verification Form gets designed and finalized at the end of 2018, those forms can be sent out at the beginning of 2019. Plus, if the proof document for verification is the most recent 1040 (another Health Decisions Best Practice), many enrollees will have that readily available as they prepare to file their taxes for the previous calendar year.

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