COBRA Administration

HealthComp offers complete administration of your COBRA requirements. We eliminate the worry of collecting premiums from your COBRA members and tracking their coverage period. Furthermore, you no longer need to keep track of when and what legal notices must be provided.

HealthComp performs the following COBRA administration functions:

• Prepare and mail initial COBRA notices.

• Prepare and mail COBRA qualifying event notices.

• Track coverage periods.

• Maintain COBRA premium rates.

• Bill COBRA participants on a monthly basis.

• Collect, post and distribute COBRA premiums.

HIPAA Administration

HIPAA administration requires specialized knowledge of how governmental requirements relate to individual plans. Special notice requirements concerning pre-existing conditions, exclusion periods, rights regarding prior creditable coverage/certificates along with the necessary calculations can cause great confusion. HealthComp is able to eliminate the confusion surrounding these laws by preparing the necessary notifications; by working with your employees to gather prior coverage information; and by calculating and tracking the appropriate pre-existing condition exclusion periods.