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OPL-Advisors have renowned subject matter experts. Our resources are highly skilled and respected within the industry. We utilize a proven approach with targeted planning, execution and results. OPL-Advisors provides technical, business and industry expertise with a focus towards results while acknowledging respect for the Employers culture. We assess the current state through a disciplined audit process; enabling us to achieve targeted goals to drive out excess cost from the Health Insurance program. The result is the future state of verified eligible dependents.
OPL Advisors is the consulting and audit division of Other Party Liability Inc., one of the largest law firm based subrogation, coordination of benefit and overpayment recapture practices in the country. OPL has for the past 15 years, administered subrogation for over 5 million covered lives with annual revenues in excess of 5 million dollars. (see www.subrogation.com) Our 15 years of experience data mining, claim database management, questionnaire generation, and customer service from our current coordination of benefits and subrogation activities form the basis of our proprietary Eligibility Optimizer tool set. We have developed a employer/family unit database and reporting/performance measuring data application which is utilized by our staff to provide to employers a complete picture of their eligibility. The process provides a verifiable ongoing platform for HR staff to build upon in development and management of an employers health care utilization pool. It is no secret that whether self-insured or experienced rated, the cost of health care is a factor of claim utilization.
It is not only required by ERISA that plan fiduciaries faithfully administer the terms of the plan but under the recent Sarbanes-Oxley laws financial integrity is required of plans.
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