COBRA Administration

COBRA Administration

With overwhelming notices and recordkeeping, COBRA administration can be a significant drain on your internal resources. Factor in the consequences of non-compliance, and it’s easy to understand why employers turn to Bukaty Companies to manage this burdensome administrative task. 

COBRA administration services include:

Event notifications

  • Prepare and mail election enrollment and notices to qualified participants
  • Track COBRA election timelines
  • Prepare and mail payment coupons upon COBRA election
  • Prepare and mail Notice of Termination upon voluntary/involuntary discontinuation of COBRA

Payment tracking

  • Receive and track all COBRA payments within applicable grace period
  • Notify qualified individuals of short payment
  • Notify qualified individuals of returned checks and/or insufficient funds

Reporting

  • Send monthly reports to client detailing all COBRA activities
  • Communicate election and termination to carriers

General COBRA administration

  • Coordinate with plan sponsor to obtain new plan information and premium
  • Communicate premium rate changes to participants

COBRA customer service

  • Answer COBRA participant questions

Anyway you look at it, COBRA administration, with its complex requirements, is best left to our trained specialists.