COBRA ADMINISTRATION SERVICES
COBRA ADMINISTRATION SERVICES
Consolidated Omnibus Budget Reconciliation Act (COBRA) compliance is complex and mandatory. COBRA is often viewed as an “employee benefit,” but the reality is – it is law. Fines can amount to hundreds, even thousands of dollars for every day that an organization does not comply. Our experienced team can help mitigate that risk and free your organization from the burden of COBRA administration.
OUR SERVICES INCLUDE:
Distribution of notifications and other required correspondence, election packets (including annual open enrollment), and termination notices as required by law.
Distribution of courtesy notices such as late payment notices and deficient payment notices.
Maintenance of qualifying events and HIPAA loss-of-coverage data.
Processing election forms and tracking key dates to ensure accurate and timely responses to administrative requirements.
Distribution of HIPAA Certificates of Creditable Coverage (no longer required).
Collection of premium and remittance according to client instructions.
Distribution of other notifications such as Medicare Part D Creditable Coverage Notices, Women’s Health & Cancer Rights Act, Michelle’s Law, and Mental Health Parity (optional, additional charges may apply).
Secure web access for client benefit administrators to view information.
Secure web access for participant election.
Secure payment options for participants (ACH/bank draft and credit card).
Call center available Monday through Friday, 9:00 a.m. to 5:00 p.m. EST
Full suite of reports available on demand via the service team