COBRA Administration – Free Guide: Avoid Penalities Through Outsourcing
CPI-HR, an Employer Services company offering Employee Benefits Consulting, Benefits Administration, and Payroll/HR products and services, just released a new COBRA guide, “How to Avoid COBRA Penalties Through Outsourcing.”
It outlines the advantages of outsourcing COBRA administration. COBRA stands for the Consolidated Omnibus Budget Reconciliation Act.
Aimed at employers, the free guide explores the reasons why it makes sense to outsource COBRA administration. The report also provides insights about how to look out for possible COBRA violations and much more.
You’ll find out what’s involved in COBRA administration, how to select a third party administrator and learn about some of the most common violations.
Get the free COBRA guide today.
Through COBRA, employees and their families who end of losing their health benefits get the right to choose to keep their group health benefits. The length of time varies based on different circumstances, including voluntary or involuntary job loss, reduced hours, transition between jobs, death, divorce, and other life events. Qualified individuals may be required to pay the entire premium for coverage up to 102% of the cost to the plan.