ABS utilizes state-of-the-art technology to administer the full spectrum of administrative functions required by the health benefit continuation provisions of COBRA: technology that allows COBRA information to be entered, stored and processed, automatically generating all COBRA notices, premium invoices and premium collection reports.
- Access to an account management team cross-trained in all aspects of COBRA administration
- Notice to COBRA beneficiaries and dependents of COBRA rights via First Class Mail
- Collection and processing of COBRA participant enrollment information
- Collection of COBRA premiums
- Monthly remittance of net premiums to the employer
- Mailing of all necessary participant communications (enrollment confirmations, payment coupons, benefit/rate change notices, coverage termination and HIPAA Certificates of Coverage)
- Monthly reporting of all COBRA activity (notices mailed, participant terminations, premium reconciliation, enrollment by benefit plan, participant history etc.)