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04/17/2018
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04/17/2018
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Last modified
1/11/2021 3:22:45 PM
Creation date
6/1/2018 12:30:24 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
04/17/2018
Meeting Body
Board of County Commissioners
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benefitexpress <br />Indian River County, FL <br />Dependent Eligibility Verification Audit <br />Project Summary for Approximately 2,900 Dependents <br />Employer Statistics <br />Approximate Total Covered Employees 1,400 <br />Number of Covered Dependents 2,025 <br />Project Features <br />• Comprehensive Audit, Screen & Appeal Process • 48 Hour Web Based Inquiry Response <br />• Designated Account Manager • Custom Web Portal for Employer and Employees <br />• Employee Communication Campaign (up to 5 letters . Real Time, Web -Based Reporting <br />mailed per employee) <br />• Expanded Bilingual Call Center with IVR • Audit Results Returned Electronically <br />• PO Box and Secure E -Fax • Document Storage and Disposal <br />Project Assumption <br />Number of Calls Received 700 <br />LDocuments Received 1,823 !� <br />Postage Billed At Cost <br />Pricing Summary <br />Implementation Fee $4,000 <br />Dependent Audit Fee ($16.00 per dependent verified) $30,375 <br />Total Cost to Client $34,375 <br />Project Estimated ROI <br />Estimated Reduction in Dependents (3%) 60 <br />Estimated Annual Savings (assumes $3,000 per dependent per year) $180,000 <br />Return on Investment (R01) 424% <br />Fees are valid for sixty (60) days from 04/06/2018. Fees are subject to change based on final eligibility and will be adjusted <br />accordingly. Postage for mailings is additional to the above quote. <br />Copyright 2018 - Not to be reproduced without express written consent of Benefit Express Services, LLC 167 <br />
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