Unreported deaths are increasing. The decline of the Death Master File and the rise of disparate data sources have made it more challenging than ever for pension plans to identify decedents and locate missing participants/beneficiaries. But inaccurate data can lead to costly overpayments that could threaten the longevity of [continue reading]
We are excited to announce further advancement in our ongoing focus on cybersecurity. With significant time and investment, we’ve implemented field-level and per-client encryption. These updates layer on top of industry standard Transparent Database Encryption (TDE) to further protect data even if an attacker achieved direct access to our database, [continue reading]
It seems more and more death matching services are making claims about how many deaths they find while presenting nothing to back up their numbers. At Berwyn, we do an analysis every year to make sure our CertiDeath claims are current and verified. In fact, our most recent analysis [continue reading]
Pension plans and insurance companies have a lot on their plate, so it isn’t uncommon for their death audit process to get overlooked. It may often be seen as checking a box to make sure there’s some form of a death audit process in place. However, not taking a [continue reading]
We often hear from organizations that run an annual or semi-annual death audit and think they are doing enough. However, they are likely choosing a path that ends up costing them more in overpayments and time. It’s important to have continuous monitoring of your population and take a proactive approach. [continue reading]
The continuing degradation of the Social Security Administration's Limited Access Death Master File (DMF) makes the choice of a death audit vendor increasingly important. What are the essential aspects to consider in this selection? What important questions should you ask potential vendors? To assist you in this important decision-making [continue reading]
The Death Master File (DMF) data continues to decline each year. In 2023, the DMF only provided 16% of death records. This degradation has caused conducting death audits for pension plans a much more complex task. Death audits now require the aggregation of thousands of data sources, primarily obituaries. [continue reading]
We see more and more companies who claim to be leaders in the death audit and locate industry. But what makes a company a true industry leader? We believe a true leader is the company on the leading edge, who offers services above and beyond what anyone else offers. [continue reading]
The decline of data accessible via the Social Security Administration Death Master File (DMF) in 2011 redefined the Death Audit category. With this change, Death Audit providers became Death Data providers. This shift added complexities to death identification resulting in a significant number of missed deaths and associated overpayments [continue reading]
More and more, insurance companies who rely primarily on the SSA Limited Access Death Master File (DMF) are missing huge numbers of unreported deceased policyholders. In fact, our Mortality Analyses we perform for prospective clients often reveal thousands of missed deaths. It’s not the fault of insurance companies. For [continue reading]
