COBRA administration
COBRA Administration Services that remove your COBRA responsibilities and liability.
We've worked hard to make outsourcing your COBRA Administration as easy as possible. You will have an account manager that is always available for all of your COBRA related questions and requests. The online COBRA reports are designed around your needs and provide up-to-date information on your COBRA participants and their premiums collected. We make sure to keep you informed through every stop of the COBRA Administration process while we take care of the COBRA administration responsibilities. Our experience working with small companies to Fortune 100 corporations will make sure you are provided with a COBRA solution that meets your company's requirements.
COBRA overview
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) was created to give eligible employees with certain Qualifying Events an opportunity to continue their group health benefits for a certain period of time after leaving their employment.
Some events that qualify for COBRA continuation include:
Employee
• Voluntary or involuntary employment termination (other than gross misconduct)
• Reduction in work hours
Spouse
• Voluntary or involuntary employment termination of Employee (other than gross misconduct)
• Reduction of employee's work hours
• Eligible employee becoming entitled to Medicare
• Divorce or legal separation of the eligible employee
• Death of eligible employee
Dependent (same as spouse but also includes the following event)
• Loss of dependent child status
Some events that qualify for COBRA continuation include:
Employee
• Voluntary or involuntary employment termination (other than gross misconduct)
• Reduction in work hours
Spouse
• Voluntary or involuntary employment termination of Employee (other than gross misconduct)
• Reduction of employee's work hours
• Eligible employee becoming entitled to Medicare
• Divorce or legal separation of the eligible employee
• Death of eligible employee
Dependent (same as spouse but also includes the following event)
• Loss of dependent child status
For More COBRA Information
let us do the work
From knowledgeable and friendly account managers to innovative proprietary reporting systems, we make sure you are kept up-to-date through every step of the COBRA Administration process. By placing an emphasis on communication and planning you will always be informed while we process your company's COBRA events.ARRA causing you problems? Our proprietary system easily handles all subsidy premium calculations to give you accurate premium processing and carrier reimbursements.
Our COBRA Administration services include:
- Account Managers Trained In COBRA Compliance
- Communicate Initial General Notice
- Mail Notice of Right To Continue
- Send Carrier Terminations and Reinstatements
- Process ACH and Check Payments
- Customized COBRA Activity Reports
- Answer Employee COBRA Questions
- Data Feeds Built Around Client Systems
- Guaranteed COBRA Compliance
the Leavex advantage
- End-to-end COBRA Administration
- Work With Companies of All Sizes
- 1-to-1 Customer Service
- Knowledgeable Account Managers
- Customized COBRA Administration
- Data Security
- Proven Processes
- Innovative Proprietary Technology
- Guaranteed Compliance
why choose us
easy transition from other cobra providers
We have extensive experience transitioning clients over from other COBRA providers. We'll handle all of the communications, data requests, and transition timelines. We can even accept COBRA data feeds that you currently have in production. No new programming is required on your part.Account managers trained in COBRA Compliance
Every Leavex COBRA client is provided with a knowledgeable and friendly account manager for all of their COBRA administration questions and requests. Each account manager has been trained in COBRA and understands the complexities, details, and responsibilities of administering COBRA correctly.Experience working with small companies to Fortune 100 corporations
Our flexible proprietary systems and processes combined with excellent account management make it easy to accommodate any sized company's COBRA requirements. Whether you have 30 employees or 300 locations, we are able to create a COBRA outsourcing solution that fulfills your needs.reports / forms
Online COBRA reporting and forms are built around the needs of our clients. This makes them easier to use and understand while providing the information the client requires to make strategic business decisions.
get started
It is very easy to begin outsourcing your COBRA Administration with Leavex.
Step 1. Contact us or fill out the request a quote form.Step 2. An introduction meeting to discuss your company, health plans, notification process, and reporting requirements.
Step 3. Leavex creates online reporting and forms that are specific to the needs of your company at no extra charge.
Step 4. Leavex sends out introduction letters to current COBRA participants.
Step 5. Leavex begins COBRA administration for your company.
Setups can be completed within three weeks of signing the agreement.