Simplify Compliance with a Smarter COBRA Administration Software Solution
Simplify COBRA Compliance with Clarity Benefit Solutions. Our web-based platform streamlines the complex, confusing, and tedious administration of COBRA, reducing costly penalties and liabilities for your company. We provide a hassle-free COBRA experience by tracking COBRA triggering events and handling notifications, billing, payments, and reporting. Our solution transforms the inherently complex and time-consuming HR function into a seamless experience. With enhanced capabilities and self-service tools, employers can streamline COBRA communications, reporting, enrollment, billing, and payments while providing employees with a simplified and meaningful post-employment health benefits journey. Plus, stay compliant with ERISA regulations that now allow personal liability for COBRA violations.
What's Included?
- Ongoing COBRA administration
- Sending qualifying event notifications via first-class mail with proof-of-mailing
- Processing COBRA elections once completed by client or qualified beneficiary
- Validating all COBRA elections
- Billing and collecting premiums monthly
- Process for handling undeliverable mail
- Providing collections for returned checks
- Sending termination and conversion letters
- Processing employee life status events
- Ongoing validation of employee eligibility
- Validating and processing disability extensions
We Have Your COBRA Compliance Covered
FLEXIBLE EMPLOYER STRUCTURE & BENEFIT ELIGIBILITY DESIGN
Whether your organizational structure is simple or extremely complex, our COBRA platform can easily accommodate your system specifications, including unique requirements associated with various employee populations and plan designs you maintain.
FULLY AUTOMATED SELF-SERVICE TOOLS
Our simple and intuitive platform includes an automated wizard that allows you to easily create qualifying events, enables you to be self-sufficient and perform basic functions that historically have required administrator assistance, and provides full transparency into and a real-time view of participant data.
END-TO-END AUTOMATION
Every step in the participant lifecycle is automated. Once you enter a participant’s information, the system automatically moves them through every step in the process – from communications through payment processing – without requiring additional touchpoints.
FLEXIBLE REPORTING & DATA EXPORTING
Access to real-time data and the ability to create custom reports ensures you have ongoing access to the metrics that are most important to your organization; Microsoft Excel export capabilities allow you to easily visualize, manipulate and evaluate program data.
USER CONTROLS
Restrict access rights based on role, business function, or other parameters established by your organization.
FLEXIBLE PREMIUM DISBURSEMENT SCHEDULES
Select your preferred payment schedule: weekly, bi-weekly, or monthly.
ENHANCED PARTICIPANT EXPERIENCE
Your participants have quick and easy access to everything they need to know about their COBRA account, all from within the online portal. From how much they owe to when their next payment is due to whether their last payment was received, participants are able to view key information about their account.
VARIOUS PAYMENT OPTIONS
Your participants can select their preferred payment method – online credit, debit, or ACH as well as the option to mail a check.
