Why is Lockheed Martin asking employees to complete dependent certification?
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. Everyone saves on costs when we take the extra step to ensure full eligibility standards are met.
