COBRA

In many companies today, the ever-changing laws and responsibilities that come with COBRA Administration are a major concern. Administering COBRA is a risky, time-consuming business and failure to meet established mandates can have drastic effects on any business.

Through our strategic partner Flexible Benefit Service Corporation, we can manage this complex administrative function for employers and ensure the company always remains in compliance with COBRA. FBSC concentrates on making the employer's job easier and alleviating the stress that COBRA Administration can cause.

The employer has only a few tasks to complete, as listed below:

		Send notice of new enrollees and the qualifying event to Flex
		Review reports received from Flex

Scope of Services

		Prepare event-specific qualifying notices for COBRA participants
		Provide monthly reporting of pending, enrolled and terminated COBRA participants
		Customize COBRA notices for each specific employee
		Maintain federally mandated COBRA documentation
		Process all COBRA election forms and enroll the applicant directly with the carriers
		Complete premium collection for the COBRA applicants for entire election period
		Track all dates required by law for proper compliance with COBRA
		Maintain all documentation with certification of mailing for all COBRA participants
		Provide Department of Labor initial notices to new enrollees
		Send Certificates of Creditable Coverage to plan enrollees upon termination of COBRA
		HIPAA certificates provided for certification of group health coverage
		Produce and mail conversion and termination notices before the end of the 18, 29 or 36 month coverage period
		For Illinois groups of 2-19 employees, we facilitate administration of State Continuation rules