COBRA Administration Service
PlanSource can handle the full cycle of COBRA administrative responsibilities for you. This starts with generating and communicating initial and qualifying events notices so you don’t have to worry about staying compliant or being subject to penalties. We will audit participants for accuracy using employee data from the PlanSource Benefits Administration System, and assume full premium collection, monthly remittance, eligibility management for COBRA participants and issue resolution with the carriers on your behalf.
Why COBRA Administration for PlanSource?
PlanSource assumes liability and indemnifies employers who use the service
We manage the process from end to end, so you can stay focused on your business
Hire an expert to manage all of the compliance requirements on your behalf
What’s Included in the Service?
Process elections and payments
Add COBRA coverage and manage
the eligibility timeline
Bill enrollees and provide
reporting and auditing
Address any questions with
our contact center
Handle open enrollment and all future notice requirements