The Consolidated Omnibus Budget Reconciliation Act of 1989 (COBRA) and the Health Insurance Portability and Accountability Act of 1996 (HIPAA) require qualified employers to provide legally compliant notices and procedures. These regulations ensure that eligible staff are fully informed of their rights to continue group coverage.
In COBRA Administration, landmines are the regulatory details that could put a company into court facing large fines. Watch Your Step! Non-compliance is costly and detrimental to an employer.
COBRA law is defined by lawsuits. It’s not uncommon for a lawsuit to cost thousands of dollars just for missing one of the many COBRA deadlines. For many businesses, it can mean survival or failure.
Look to eCOBRA, an eflex company, to lead you safely through the minefield. By outsourcing the administration of COBRA benefits you can assure that you and your employees can be protected and in full compliance with all COBRA laws and regulations.
With eCOBRA Administration, employers stay in compliance with the laws and enjoy a considerable cost saving over performing COBRA Administration in-house. eCOBRA service can help alleviate drains on a company’s internal resources caused by COBRA administration and recordkeeping. The bottom line is that with eCOBRA, employees are protected and employers are in compliance with all laws and regulations. That’s peace of mind. We’ll get you there.