The cost of healthcare in America is an all-time high and by all indications it's only going to get more expensive. In 2018, the average annual premium for single coverage was $6,896, up 3%.
Employer benefits is a very competitive industry and with CobraHelp being a third-party administrator we can attest to number of brokers there are out there and the number of clients we have that have hired or made broker changes in the past.
First things first, what exactly is ERISA? In short, The Employee Retirement Income Security Act (ERISA) is a federal law that was enacted in 1974 to safeguard and protect qualified individuals with voluntary retirement and health plans in the private sector.