Among the valuable features of Lockheed Martin benefits is the ability to cover eligible dependents. The company must ensure all plans are administered according to rules outlined in the plan documents. This need for documentation is becoming increasingly important to ensure full compliance with applicable laws as well as department of defense contractual requirements to carefully monitor and account for all expenditures. In addition, providing coverage to ineligible dependents drives health care costs up for all health plan participants as well as for the corporation.An increasing number of employers are taking a closer look at who’s being covered in the plans they offer employees—just one of the many ways employers are trying to manage the high costs of health care coverage. To ensure only eligible individuals are included in company-sponsored plans, more employers are now conducting regular audits to validate dependent eligibility, removing those who do not meet eligibility criteria and thus eliminating unnecessary costs.Back to Dependent Certification FAQs
