Mercer knows performance matters. Our independent, objective health plan audits measure vendor performance, support compliance and reduce benefits costs.
Why does your organization need a performance
Every health plan sponsor faces issues of compliance, fiduciary responsibility and, of course, annual budgetary requirements. When administrative issues cause claims and compliance penalties to balloon unnecessarily, the cost can be astronomical.
A health plan audit can tell you where your benefits and administration are on target and where they’re off the mark. At an average cost of less than 0.1% of most companies’ overall benefit spend – far less than the expense of high-cost claims – an audit can clarify:
Improved administrative procedures to maximize savings.
Increase quality to ensure accurate plan payments.
Recovery of overpayments from detected error patterns.
Satisfy plan fiduciary responsibilities.
90%+
Audits identify overpayments
How is your claims administrator performing? What areas are creating a problem, and what solutions are possible? To answer these questions, we offer a full array of health plan MercerAUDIT, including:
Trust Mercer for your health plan audit
It’s vital to identify and address vulnerabilities in your plan performance and administration. Our experts can help:
Dedicated team of specialists
All of our MercerAUDIT staff have over 10 years’ experience within the insurance carrier and administrator world. Performance assessment is our exclusive focus.
Depth and breadth of experience
We conduct more of the most-requested types of MercerAUDIT than any other firm. Our objective, unbiased review helps companies leverage their health and wellness benefits offerings and provide greater value to beneficiaries.
Proven solutions
With depth of experience, our team can draw insights and make recommendations that enable discussion about plan administrator performance and needed solutions. We also calculate projected savings based on immediate and future improvements to procedures and controls.
Benchmark resources
Mercer clients have access to an extensive audit database comparing vendor performance, established standards for measuring performance, and best practices for evaluating operations.
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Mercer Insights
Stay informed with Mercer’s latest news and research that impacts the health and benefits arena — with insights from our respected experts and thought leaders.
*Results may vary
Ready to live better,
work brighter?
Find out how MercerAUDIT solutions can keep your employee health and benefits program moving forward.