Keeping up to date with regulatory changes and executing on the nuanced requirements of COBRA administration is a lot to manage. Without the right level of expertise, errors could cost you big.
COBRA compliance made simple
Managing the requirements of COBRA is an inherent part of benefits administration. While COBRA protects your employees and their covered dependents against a loss of coverage under certain qualifying circumstances, administering COBRA requirements and complying with related regulations can generate a lot of work—and stress—for your HR and benefits teams.
For many employers, the solution is partnering with a third-party vendor for COBRA administration. But unless your COBRA Administrator and Benefits Administrator are one and the same, you could be left with managing multiple vendors and systems. That’s why Optavise offers an integrated COBRA administration service, so you can eliminate the hassle and further reduce the risk of non-compliance by having a single-source solution.