Kainos Partners is proud to announce that we are now part of AssuredPartners. After joining the company in February 2021, we are taking steps to align with the identity and culture of our parent company, AssuredPartners. While this change means we have national resources available to us, we still operate locally offering the personal touch that you have come to expect and you will continue working with the account team you know and trust. We are committed to providing Power through Partnership. Learn more at AssuredPartners.com

Risks of Not Auditing

Often employers only hear about the huge financial windfalls to be gained by performing a dependent eligibility audit; however there are also significant risks associated with NOT performing such an audit.

Fully Insured – If you fully insure your plans, having an ineligible dependent incur a large claim can spell disaster. The Bottom Line is that this claim will not be covered by your insurance carrier, which leaves an interesting question: Who must pay the claim? With current court trends in favor of employees against their employers, the financial risk of ineligible dependents on your fully insured plans is significant.