Why Snake Through Pages of COBRA Regulations?
Federal and state regulations allow health plan participants the opportunity for a temporary extension of health coverage at group rates in certain instances where coverage would otherwise end and must follow federal COBRA (Consolidated Omnibus Budget Reconciliation Act of 1085) regulations.
MyCOBRA Ensures 100% compliance.
Our teams have the experience to recognize these intricacies in the federal regulations and provide understandable, precise support. Our in-house Compliance team monitors continuation regulations and complex situations they create to lift the weight from our client's shoulders.
More Reasons to Chose MyCOBRA
MyCOBRA minimizes potential liability for employers. MyCOBRA also reduces business overhead, helps to streamline HR administration, freeing the employer's staff from having to meet COBRA deadlines and monitor ongoing COBRA compliance changes. In addition to responsive employer and participants support teams, MyCOBRA offers:
Easy, Secure Administration
Our clients and their participants count on us to help them make the most of their benefits. One of the ways we do this is with an easy, secure online experience. Here’s a look at what the employer’s COBRA Administrator and plan participants can do online through our secure MyCOBRA web portals:
Complex Benefit Plan Management
Our MyCOBRA administration platform has been engineered to manage the more complex benefit plans employers demand. It receives data directly from insurance carriers and provides a full-featured web experience for employers and their participants.
Direct Carrier Integration
We work with employer's insurance carriers when individuals elect continuation coverage and make the initial premium payment.
We also provide enrollment and termination information to the insurance carrier so each COBRA participant's coverage is reinstated or terminated as needed.
Tax-Advantaged Plan Design & Support
Our experts can help you design and support a tax-advantaged, compliant COBRA plan. Come to us with questions and you'll receive concrete answers.
To learn more, contact SMB Benefits Advisors at 877-946-7637 or firstname.lastname@example.org.