Streamlined COBRA Services
The US Department of Labor requires employers with 20+ full-time and full-time-equivalent employees to maintain Federal COBRA compliance under ERISA. Managing these compliance requirements can be challenging and complicated for employers, let alone the notification timeframes and payment processes that can take a toll on your internal staff.
Our experienced COBRA team ensures all communication, billing, and collection processes are handled accurately and within US DOL timeframes, so you can focus on your business.
For a seamless and paperless experience, our COBRA system includes online Qualifying Event reporting for employers. COBRA Qualifiers and Participants also have password-protected access to view their account status. To help address the needs of our clients in this new COVID-19 landscape, we are in the process of adding an online payment portal for COBRA Participants.
Our COBRA services include the following:
- COBRA election notices sent within DOL timeframe
- Proof of mailing records retained on employer’s behalf
- Enrollment / Termination of coverage processed with carriers
- Collection of premiums from COBRA Participants
- Monitoring of timely premium payments
- Remittance of premium reimbursements to employer
- Monthly reporting of current active COBRA Participants to employer
- COBRA Takeover notices
- COBRA Open Enrollment materials