Dependent Eligibility Verification
For almost 20 years, Consova has helped employer-sponsored health plans lower their total healthcare spend by up to 12%, while delivering the best possible employee experience.
Save Up to 12% On Your Healthcare Costs
Time and time again, dependent eligibility verification has proven to be one of the most effective means of unlocking cost savings for health plans. On average, 5-8% of enrolled dependents are found to be ineligible for coverage, resulting in immediate and meaningful cost savings. With an average ROI of 10:1, dependent eligibility verification should be a staple of any cost containment strategy.
The numbers speak volumes. With thousands of verifications completed and over $1B in savings generated, Consova is a leader in this space. Organizations of all sizes, from regional health systems to Fortune 500 companies, look to Consova to deliver a results-oriented dependent eligibility verification that ensures that only those truly eligible are covered by the plan.
Sample Savings Scenario
5,625
Employees with Dependents
11,475
Dependents Reviewed
$4,950
Average Cost per Dependent
98.2%
Participation Rate
689
Ineligibles Identified
$3.4M
First Year Savings
Prioritize the Employee Experience
In addition to the compelling economic incentive, Consova delivers the most employee-friendly verification experience possible. We go to where your employees are today. We make it easy! We offer seamless ways to submit documentation, check the status of their verification, and communicate results. Our multi-pronged support process, including trained call center teams, IVR and Chat technology combined with electronic communications, ensures the best possible and efficient experience in the market today. Response rates are critical to the success of the process and at Consova, we consistently see an average participation rate of 98%.
Experience the Impact of Consova
Recent Clients
Consova is dedicated to the goal of driving unnecessary costs out of healthcare. Working with household names like Nokia, Sony, Sprint and many others, Consova has delivered over a billion dollars in healthcare savings to our clients.