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Employer notification of employee's termination (through the BenefitPlan Manager portal) initiates Termination Package which includes participant Rights to COBRA, FSA Continuation and Certificate of Coverage
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ARRA subsidy calculations, verification, billing to participant
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Monthly employer subsidy credit report to employer for payroll tax adjustment
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Upon receipt of the COBRA election from employee, the participant is mailed a payment coupon booklet
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After receipt of first premium payment, the COBRA participant is re-enrolled at the applicable insurance companies
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Continue to collect COBRA premiums for the duration of COBRA coverage
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Remit collected COBRA premiums to the employer on a monthly basis
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Issue HIPAA Certificate of Coverage at the termination or completion of COBRA coverage
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Inform and advise COBRA participant during Open Enrollment of plan changes
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Process new COBRA coupon booklets for all COBRA participants during Open Enrollment of plan changes
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Process any second qualifying events within framework of COBRA including addition of dependent, marriage, divorce, etc.
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If premiums are more than 30 days late, terminate the participant at the insurance company for non-payment
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