Under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), employers are required to let certain persons, known as qualified beneficiaries, continue their health coverage at group rates for a specified period of 18, 29, or 36 months depending upon the qualifying event involved. By integrating COBRA services with automated eligibility technology, ASR makes it easier for clients to understand and administer COBRA.
Our specific COBRA administration services for self-funded clients include the following:
- Tracking Time Limits – We maintain employee and dependent data throughout the COBRA coverage.
- Notifying Eligible Employees – We can assist in notifying all covered employees and spouses of their rights under COBRA and as qualifying events take place.
- Coverage Implementation – ASR helps to implement coverage when qualified beneficiaries elect to continue coverage.
- Calculating Costs –ASR assists self-funded employers by preparing suggested COBRA premiums.
For more information on ASR compliance assistance services, call us or send us an e-mail today.*Links to other sites are provided for your convenience. ASR Health Benefits cannot control the security of any information you choose to voluntarily provide while visiting linked sites. ASR Health Benefits does not control or guarantee the accuracy or completeness of information on linked sites.