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Implementation Audit Uncovers Hidden Discrepancies
Implementation Audit Uncovers Hidden Discrepancies

A client within the financial services industry approached BMI to conduct a pre-implementation audit after moving to a new carrier. Their primary objective was to verify whether the carrier’s system was set up appropriately to administrate their claims according to plan benefits.

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Implementation Audit, Healthcare Claims AuditRobert TemplesJanuary 6, 2021
Dependent Verification Saves Employer over $1 Million
Dependent Verification Saves Employer over $1 Million

To help combat rising health insurance costs, this electric motor manufacturer and their employee benefits broker engaged BMI to verify whether 3,425 enrolled dependents were eligible for health plan benefits.

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Dependent EligibilityRobert TemplesDecember 1, 2020
Annual Pharmaceutical Audit Uncovers Systemic Errors
Annual Pharmaceutical Audit Uncovers Systemic Errors

This large county government engages BMI to conduct annual pharmaceutical claims audits of their self-insured pharmaceutical plan and pharmacy benefit manager (PBM). In addition, the client also engaged BMI to conduct a contractual financial guarantee audit.

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Pharmacy Claims Audit, Healthcare Claims AuditRobert TemplesNovember 3, 2020
Ongoing Savings with Ongoing Dependent Eligibility Audits
Ongoing Savings with Ongoing Dependent Eligibility Audits

Following an initial audit, many clients rely on BMI for ongoing dependent eligibility audits. Circumstances such as life events, new hires, open enrollment or acquisitions combined with an employer’s limited internal resources, are often a driving factor to continue to utilize our expertise to ensure ineligible dependents don’t continue to remain on the plan.

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Dependent EligibilityRobert TemplesOctober 1, 2020
Move to Self-Insured Medical Plan Prompts Beneficial Audit
Move to Self-Insured Medical Plan Prompts Beneficial Audit

A nationally recognized mobile application developer engaged BMI to audit medical claims paid by their third-party administrator (“TPA”) after moving to self-insured and making several plan design changes.

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Medical Claims Audit, Healthcare Claims AuditRobert TemplesSeptember 1, 2020Audit Finding of the Month
Dependent and Surcharge Verification Achieves High ROI
Dependent and Surcharge Verification Achieves High ROI

A healthcare organization with 4,908 employees engaged BMI to verify whether any of the 10,006 enrolled dependents met the plan’s eligibility and spousal surcharge criteria.

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Dependent Eligibility, Spousal SurchargeRobert TemplesAugust 4, 2020
Claims Audit Uncovers Thousands in Manual Errors
Claims Audit Uncovers Thousands in Manual Errors

A leading global medical technology company engaged BMI to audit medical claims paid by their third-party administrator as part of their due diligence efforts.

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Medical Claims Audit, Healthcare Claims AuditRobert TemplesJuly 7, 2020
Dependent Eligibility Verification: Real Findings Equate to Real Savings
Dependent Eligibility Verification: Real Findings Equate to Real Savings

With over 1,300 dependent eligibility verification audits conducted for employers since 2003, it’s not uncommon to uncover findings like these:

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Dependent EligibilityRobert TemplesJune 2, 2020
Claims Examiner Mistakes Exist Despite Technology and Automation
Claims Examiner Mistakes Exist Despite Technology and Automation

This global research and manufacturing organization engaged BMI to audit medical claims paid by their third-party administrator to ensure claims were being processed correctly for plan participants.

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Healthcare Claims Audit, Medical Claims AuditRobert TemplesMay 4, 2020
Savings Follow Removal of Ineligible Dependents from Plan
Savings Follow Removal of Ineligible Dependents from Plan

A health and welfare fund with 636 members covering 1,421 dependents engaged BMI to verify the eligibility of all enrolled dependents to determine if they were eligible to receive health benefits.

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Dependent EligibilityRobert TemplesApril 1, 2020
Annual Claims Audit Finds Mistakes Continued After Previous Audit
Annual Claims Audit Finds Mistakes Continued After Previous Audit

This organization engages BMI to conduct annual audits of medical claims paid by their third-party administrator to ensure claims are continuing to be paid correctly following their last audit.

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Medical Claims Audit, Healthcare Claims AuditRobert TemplesMarch 2, 2020
Adding Spousal Surcharge Verification Multiplies the Savings
Adding Spousal Surcharge Verification Multiplies the Savings

An employer group with 910 employees covering 2,377 dependents contacted BMI to: 1) verify the eligibility of all dependents and 2) determine whether or not enrolled spouses should be paying a spousal surcharge per the plan.

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Dependent Eligibility, Spousal SurchargeRobert TemplesFebruary 3, 2020
Recurring Claims Audits Prove to be Beneficial
Recurring Claims Audits Prove to be Beneficial

Every few years this industrial sector employer relies on BMI to conduct a thorough review of medical claims paid by their third-party administrator to ensure benefits are being paid appropriately.

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Healthcare Claims Audit, Medical Claims AuditRobert TemplesJanuary 8, 2020
Removal of Ineligible Dependents Saves Thousands
Removal of Ineligible Dependents Saves Thousands

To help combat rising health insurance costs, this food manufacturer and their employee benefit broker engaged BMI to verify whether or not the 1,475 enrolled dependents were eligible for health plan benefits.

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Dependent EligibilityRobert TemplesDecember 4, 2019
Claims Audit Uncovers Manual Errors Costing Thousands
Claims Audit Uncovers Manual Errors Costing Thousands

This client’s employee benefits broker approached BMI for reassurance of proper plan adjudication after their third-party administrator reimbursed the group for errant claim payments.

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Healthcare Claims Audit, Medical Claims AuditRobert TemplesNovember 1, 2019
Combined Savings: Audit of Dependent Eligibility & Spousal Surcharge
Combined Savings: Audit of Dependent Eligibility & Spousal Surcharge

A small employer group with 259 employees covering 600 dependents contacted BMI to: 1) verify the eligibility of all dependents and 2) determine whether or not enrolled spouses should be paying a spousal surcharge per the plan.

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Spousal Surcharge, Dependent EligibilityRob TemplesOctober 2, 2019
Medical & Rx Audit Yields Big Savings for Employer Group
Medical & Rx Audit Yields Big Savings for Employer Group

At the recommendation of their consultant following concerns about the accuracy of claims adjudication, this employer group approached BMI to conduct an audit of medical and prescription drug claims paid by their third-party administrator. 

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Medical Claims Audit, Pharmacy Claims Audit, Healthcare Claims AuditRob TemplesAugust 2, 2019
Small Group Achieves Big Savings with Dependent Eligibility Verification
Small Group Achieves Big Savings with Dependent Eligibility Verification

Following successful claims audits conducted with this organization’s affiliate, this small manufacturer approached BMI to help confirm if enrolled dependents actually met the organization’s self-funded medical plan eligibility requirements. 

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Dependent EligibilityRob TemplesJuly 1, 2019
Comprehensive Audit of Medical Claims Uncovers Errors
Comprehensive Audit of Medical Claims Uncovers Errors

In support of due diligence efforts, a construction industry health and welfare fund approached BMI to conduct a comprehensive audit of 24 months of medical claims paid by their third-party administrator. 

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Medical Claims Audit, Healthcare Claims AuditRob TemplesJune 3, 2019
Dependent Verification Saves Group Over 2 Million
Dependent Verification Saves Group Over 2 Million

This city and county government approached BMI to help confirm if health care plan dollars were being spent appropriately by verifying the eligibility of 7,596 enrolled dependents. 

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Dependent EligibilityRob TemplesMay 1, 2019
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BMI Audit Services
100 East Wayne Street, Suite 400,
South Bend, IN, 46601,
United States
(574) 234-7780 info@bmiaudit.com
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