Case Studies
Food and Beverage Industry
Budco Health Service Solutions worked with a large food and beverage company to complete a comprehensive verification program in 2008. After achieving a 12% reduction in the number of dependents enrolled in their employer-sponsored health care benefits, the company implemented an ongoing dependent eligibility verification program that has garnered a 28% dependent reduction. Since implementing the process changes resulting from health care reform in January, the company has had a 27% ineligible dependent rate.
Telecommunication Industry
Budco Health Service Solutions completed a comprehensive verification program for a leading telecommunications company in 2009. The company removed 9% of the dependents enrolled for benefits through the initial verification process and now maintains an ongoing verification process. The company has maintained an 11% ineligible dependent rate through the ongoing process, and determined that more than 50% of the dependents added during annual enrollment were ineligible.
Retail Industry
A major national retail organization engaged Budco Health Service Solutions to conduct a select verification program in 2010. The organization found 16% of the dependents covered to be ineligible. Through ongoing verification, the company has found that 29% of dependents being added to coverage have been ineligible.
Defense Industry
A leading defense industry company engaged Budco Health Service Solutions to conduct a customized verification program in 2009. The company found 7% of covered dependents were ineligible. The company then continued with an ongoing verification program. Prior to implementing the changes resulting from health care reform, the company had realized a 17% reduction in dependents being added to coverage. Since implementing the changes to the process for health care reform in September of 2010, the company has seen a 15% reduction in dependents being added to coverage.
