COBRA Administration, Notification, Billing And Collection

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