COBRA Administration
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) introduced a fair and equitable plan of insurance for employees and dependents who no longer qualify under your health plan coverage. But did you know that not understanding the laws can cost you thousands, even hundreds of thousands, of dollars in penalties, fines, and liability suits? In addition, keeping track of the necessary notifications, time periods, and billings can become a major hassle for busy employers.
Reduce risk, costs, and paperwork
Trust your COBRA administration to PacificSource Administrators. We take over all necessary paperwork, notifications, billing, and personal contact required to make the transition into COBRA compliance. Our expert management can relieve your accounting department of hours of necessary tracking, billing, and collecting.
What our services include:
- Secure portal for employers and COBRA participants
- Notification of COBRA rights to the employee or dependent
- All the necessary materials
- Monthly payment coupons sent directly to employees
- Premium payment collection and remittance
- Time period tracking
- Detailed monthly report of your company's COBRA activity
- PacificSource's trademark customer service
Your part is easy:
- Complete a simple application to get started.
- Notify us at the time of a "qualified change in status," such as termination of employment, reduction in work hours, employee's death or divorce, Medicare Entitlement, or loss of dependent status. We'll even provide the forms you need.
Ready for a quote?
A representative from PacificSource Administrators will be glad to talk with you directly and give you a quote. Contact us today and let us show you our program.
Have another question about COBRA Administration?
Please contact Liz Manley: