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.