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COBRA ADMINISTRATION & FEE SCHEDULE
Overview
of Services Describing our COBRA Administration Process
- Provide initial
notice of COBRA rights to all current employees to update group compliance.
- Provide new group
health participants notice when enrolling on various health plans.
- Allow for emailed
COBRA activation requests for qualifying event
- Notify employees
and spouses of the continuation rights within three business days of notice of qualified
event. – National regulation is 14 days.
- Process COBRA
Elections and required notices.
- Issue payment
coupons to COBRA participants.
- Notify participant
of premium changes.
- Send late payment
notices to participants at employer’s request.
- Ensure employer
notification for COBRA coverage termination at the appropriate expiration date.
- Monitor COBRA
participants for individuals who reach age 65 and become ineligible for continuation.
- Maintain complete
documentation and document archive.
- Provide customer
service through telephone and email inquiries.
- Provide monthly
reminder emails for qualifying events
- Provide monthly
reports of participant activity, benefits enrollment and terminations.
- Notify affected
carriers of COBRA participant enrollment.
Click this link for the
COBRA Fee Schedule including Monthly Administration Fees
Contact:
Professional Benefit Services
COBRA Admin Department
1193 Royvonne Ave SE #22
Salem, OR 97302
800-982-2012
Fax: 503-364-6901
Email: COBRA@profben.com
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