Is your current death audit process providing a false sense of security?

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]

2024-04-30T13:56:00-05:00April 30, 2024|Death Audit & CertiDeath|

Why a one-time-run death audit service is not enough.

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]

2024-05-02T12:29:27-05:00April 8, 2024|Death Audit & CertiDeath|

4 Quick Tips for Pension Plan Participant Management

Pension plan participant management is more challenging than ever. That’s why we’ve put together four quick tips for plan administrators to help better manage their plan: Tip #1: It starts with an accurate and validated death audit. Finding all decedents requires massive amounts of resources, skills and time – simply [continue reading]

2024-04-26T11:20:44-05:00April 3, 2024|Population Management & CertiCensus|

Your Guide to Choosing a Death Audit Vendor in 2024

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]

2024-04-26T11:19:53-05:00March 15, 2024|Death Audit & CertiDeath|

Death Audit vs. Death Data

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]

2024-04-26T11:16:06-05:00February 8, 2024|Death Audit & CertiDeath|

How the demise of the Death Master File is a problem and an opportunity for insurance companies

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]

2024-04-26T11:13:45-05:00February 8, 2024|Death Audit & CertiDeath, Insurance Industry|
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