Case Study: Performance Health Holdings, Inc achieves over $178,500 in annual healthcare savings with PlanSource Dependent Verification

Performance Health Holdings, Inc uses the PlanSource Dependent Eligibility Audit to save over $178,500.00* annually in healthcare costs

Performance Health Holdings, Inc., a global leader in consumer healthcare and manufacturer/distributor to the rehabilitation and sports medicine markets, needed to ensure benefits compliance and eliminate wasteful spending tied to ineligible dependents. To verify eligibility against Summary Plan Descriptions and carrier rules with minimal HR disruption, Performance Health Holdings, Inc engaged PlanSource and its Dependent Verification service.

PlanSource conducted the audit—reviewing 851 dependents (an 8.41% failure rate), handling all mailings, call center support, paperwork and removals—freeing the HR team to focus on core work. As a result, PlanSource helped Performance Health reduce the burden of ineligible dependent coverage by over $178,500 in projected annual healthcare cost savings.

Performance Health