The Paper Person Problem:
Paying Benefits to Deceased Beneficiaries
In this session you will be exploring beneficiary status confirmation, including challenges with deceased beneficiaries and the importance of Alive and Well checks. Discover innovative strategies to combat insurance fraud. Gain insights from a US Air Force HR Work Comp Professional to enhance skills in fraud risk mitigation. Elevate your understanding of beneficiary verification processes.
Discussion Points:
- Importance of thorough beneficiary verification to prevent fraud.
- Phased verification approach for budget optimization.
- Role of data sources in confirming statuses.
- Significance of onsite documentation for status determination.
- Effectiveness of non-intrusive inquiry methods in verification.