Colonial Life, GFOA white paper points path to benefits cost savings

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COLUMBIA, S.C.--(BUSINESS WIRE)--Colonial Life & Accident Insurance Company, in partnership with the Government Finance Officers Association, released Monday a new research paper that shows employers they can save a significant amount of money on their benefits costs simply by checking if their employees’ dependents are eligible for coverage. Up to 8 percent of the dependents enrolled in an employer’s medical plan are actually ineligible to receive benefits according to their plan’s own cri

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