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CalPERS Pays Out $65 Million in Medical Benefits and Another $2 Million Per Month in Premiums For 'Ineligible' Individuals
Benefit Revolution 
Nov. 17, 2014 "Dependent audits are always a good idea on large plans. No matter how diligent a plan sponsor is, some dependent fraud occurs.... It is not uncommon for employees to bilk an employer out of 5% to 15% of a plan's total cost with phony dependents. And now we learn that the California taxpayer has been paying $2 million a month in premiums and a total of $65 million in claims for fraudsters to cover unqualified individuals in CalPERS." MORE >> |
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