Complex and time-consuming can define employee benefit administration. Even best trained administrative staff can feel like they are sinking in the quicksand of details. Coordinating with payroll, managing enrollment, keeping data current, tracking and budgeting the costs and keeping the company in compliance are just a few of the tasks that take their toll in time and dollars.

Let professionals with the latest training and technology handle these chores for you –so you can focus on other critical aspects of human resources and company management.

Vital Signs Insurance Services makes it simple and does it right.

Continuation of Health Coverage – COBRA

The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as voluntary or involuntary job loss, reduction in the hours worked, transition between jobs, death, divorce, and other life events. Qualified individuals may be required to pay the entire premium for coverage up to 102 percent of the cost to the plan.

COBRA generally requires that group health plans sponsored by employers with 20 or more employees in the prior year offer employees and their families the opportunity for a temporary extension of health coverage (called continuation coverage) in certain instances where coverage under the plan would otherwise end.

COBRA outlines how employees and family members may elect continuation coverage. It also requires employers and plans to provide notice.

Contact Vital Signs Insurance Services to learn more about the legally required steps to administer COBRA continuation for your Qualified Beneficiaries.