HR Tools for COBRA Compliance Solutions
ERISA Compliance
Employers are faced with a myriad of compliance requirements under ERISA. CobraHelp is able to provide you with the tools you need so that we can issue Benefits Summarys (SOBs) and other ERISA Notifications for you and in accordance with best practice methods recommended by the Department of Labor. Determine if your HR department is up to date on requirements here.
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Integrated Event Reporting
Often employers, insurance agents, and consulting TPA companies want to streamline new hire or new COBRA event information reporting by having their employee data sent directly from payroll TPAs without sacrificing the Expert service and special attention to COBRA administration. CobraHelp can integrate with most third party administrators as we establish relationships with other vendors to work together on retrieving file feeds (data transfers). Learn more.
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ACA Reporting
1095 reporting of COBRA, retiree, and other plan participant premiums may be required of your company if you have a certain number of employees under the Affordable Care Act. CobraHelp provides 1095 reports in easy-to-navigate format to help Employers meet their reporting requirements and deadlines without breaking the bank. Learn more about 1095 ACA reporting and other special reports.
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The COBRA Process
COBRA requirements can vary by employer and based on other laws or circumstances that combine with COBRA, such as FMLA or retiring with retiree benefit offerings. There are however some basic principles and processes that are all part of the COBRA mandate, and we've created a handy condensed guide as well as a free COBRA Procedures Manual. Get the free
guide here! |
COBRA With Employee Leave
HR professionals must carefully track not only COBRA qualified beneficiaries, but also individuals on disability, medical leave, FMLA, or approved leave of absence. The law requirements for each of these scenarios can vary and often integrate with one another. CobraHelp provides you with Direct Billing and FMLA administrative solutions so that you don't have to worry about missing a single step.
Learn more here. |
Auditing Plan Participation
Accuracy and risk reduction go hand in hand. CobraHelp assists employers, brokers, and consultants with auditing needs through custom reporting features, participant, and dependent audits. This can save employers thousands in overpaid premiums or claims. Learn how simple auditing for accuracy is both affordable and imperative for your business.
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