COBRA requirements are much more complicated than many employers realize. They can expose employers to costly penalties and liabilities. Furthermore, based on new regulations, ERISA now expressly allows for personal liability to be imposed on the plan administrator for violations of COBRA notification requirements. When delegating the COBRA notice duty to an independent third-party administrator (TPA), it is important to be sure that the TPA has advanced systems and processes in place to handle these government-imposed responsibilities.
Experience the IntegraFlex difference. Let us help you:
- Develop a firm understanding of COBRA and how it applies to your business
- Determine qualified beneficiaries and manage monthly premium collection and tracking
- Ensure you are in compliance with federal regulations and fully informed of legislative changes that impact you
Hiring a COBRA administration partner relieves your company of burdensome tracking, notification, and billing processes. IntegraFlex’s system delivers a fast, highly automated, easy-to-use, cost-effective method for administration and compliance of many of your COBRA obligations. Our COBRA administration procedures and practices provide fair and equal treatment for all COBRA qualified beneficiaries. We also provide compliance advice for employers for difficult COBRA determinations that are certain to arise with qualified beneficiaries.
Simply put, by selecting IntegraFlex as your COBRA partner, once you provide us with the information, we will handle virtually all of the unique COBRA “back office” needs.
IntegraFlex Comprehensive Plan Offerings:
- Education of COBRA rules and benefits
- Timely election notice to qualified beneficiaries
- Election management
- Collection and tracking of monthly premium
- Continuation coverage administration
- Termination administration
- Consultation of benefits subject to COBRA
- Determine qualified beneficiaries
- Management of continuation coverage requirements and events
- COBRA materials, resources and educational tools
- Coordinate election with all benefit carriers
As an industry leader in Consumer Driven Healthcare IntegraFlex offers an innovative, comprehensive set of medical risk management tools – including COBRA management – to save employers money. See why satisfied companies across the United States turn to IntegraFlex to meet their ever-evolving needs and ensure government compliance.