Administrative Features
We offer a full-service solution that handles every aspect of your client’s COBRA administration. Using the COBRAPoint™ system, we deliver our clients a complete outsourcing solution that includes the following services:
- Carrier notifications for reinstatement / loss of coverage
- All COBRA letters (General notice, QE notice, rate change letter, etc.)
- Premium remittance to client or carrier with premium payment reports
- Premium collection and tracking with partial premium payment rules
- Optional Open enrollment services including carrier forms, rate tables, etc.
- Eligibility reporting via file feed or online entry
- Full suite of self-service reports available 24/7 and updated in real-time
Pricing
Our COBRA pricing is based on an employer’s benefit eligible population and broken into two categories: Small Group Pricing and Standard Pricing.*
Small Group Pricing
Billed as a flat monthly fee, this pricing structure creates an affordable option for small employers and includes all standard administrative services offered to our clients.
Standard Pricing
For larger employers, our straight-forward pricing structure is based on two fees: a Per Employee Per Month (PEPM) rate and a renewal fee.
*Although our PEPM pricing model is preferred, activity-based pricing can be quoted upon request.
Participant Online Features
In addition to receiving all required notices and letters and a payment reminder coupon book, COBRA participants will have online access through our website. The online portal will allow participants to:
- Make initial elections
- Submit one-time payments
- Sign up for ACH recurring payments
- View payment history
- Update personal information
Additional Fees/Optional services
The following additional fees and optional services are listed in the tables below:
