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This form is to be completed by your provider after dependent care expenses have been incurred and should be used in place of dependent care documentation. Attach this form to an online or debit card claim via your online account or to a Claim Form.
What does dependents mean on a bank form?
Theyre asking for the number of people you are directly responsible for supporting financially. Example: children or other relatives for whom you pay for most of the necessities of life.
What is the purpose of a dependent audit?
A Dependent Eligibility Verification (DEV) is simply the process by which you verify the relationship between the participant and their dependents to ensure they should in fact be eligible for coverage. Most participants do not intentionally carry ineligible dependents, they simply do not understand plan rules.
What is dependency verification?
Dependent verification protects the health plan from ineligible dependents, helping plan sponsors ensure their health plan is compliant and that benefit dollars are only being spent on participants who are eligible, keeping healthcare costs down for everyone.
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