How Do You Handle False Positives from the Death Master File?
Death Audit false positives are defined as identifying a decedent who isn’t actually deceased. False positives result in unplanned organizational expense and incorrect payment stoppage. As a result, false positives can be painful to both those sending and receiving ongoing planned payments, e.g. pension plans/participants and beneficiaries, insurance companies/annuitants. Minimizing false positives while maximizing number of decedents identified should be the goal of any Death Audit system. However, it is virtually impossible to avoid [...]
