COBRA Administration

COBRA administration provides employers with the administrative functions required to comply with the Consolidated Omnibus Budget Reconciliation Act (COBRA).
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1 eligible

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1,000

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The Consolidated Omnibus Budget Reconciliation Act, which became law in 1986 gives individuals and their family members the right to choose to temporarily keep the group health insurance benefits that they would otherwise... Show More
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65,000

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COBRA....made simple!
Options Include PEPM OR Pay-As-You-Go service packages tailored to your unique business needs.
- Implementation within a few days
- Coordination and data integration with virtually any...
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We humanize COBRA with compassionate off-boarding. As a best-in-class COBRA administrator, we leverage our attorneys and brokers to provide advanced support for employers and employees.

Navigating COBRA gets complex....
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ebm

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Company Overview

Founded

2013

Employees

0

Funding Summary

None

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About ebm

ebm provides employee benefits solutions for Open Enrollment and beyond. Our portfolio of industry-leading benefits technology platforms and administrative services streamlines the entire benefits administration process for benefit consultants and HR. Show More
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2 eligible

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200,000

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Complete COBRA Administration Software!

Everything you need in the cloud for COBRA administration & compliance notifications, premium billing and collection, so you can concentrate on your business and leave the...
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Min. Group Size

1 eligible

Lives Serviced

650,000

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WEX provides a total, bundled, point-of-service solution for all your active and COBRA benefits administration needs. Our services enable you to minimize the time your staff invests in administrative tasks, shift compliance responsibility... Show More
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1 eligible

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436,208

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Product Description

COBRA administration is complex and involves a lot of moving parts. That’s why we created a comprehensive platform that manages everything end to end.

• Notice fulfillment and return mail...
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Company Overview

Founded

1989

Employees

397

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About BASIC

As one of the first third-party administrators of Flexible Spending Accounts in the nation, BASIC is a Technology Driven HR Compliance Company focused on delivering administrative and technology solutions to assist Human Resource Departments throughout the United States. Show More
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-

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1,000,000

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Product Description

COBRA regulations are complex and have many intricacies. Our end-to-end COBRA administration provides notices within required timeframes, collection of premium payments, remittance to the employer, coordination with carriers for reinstatements and terminations, and... Show More
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Company Overview

Founded

2004

Employees

83,270

Funding Summary

Not Provided

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About Optum Financial

Optum Financial is at the crucial connection between health care, finance, and technology.​ We’re a highly-connected, health care payments ecosystem designed to reduce friction and increase affordability.​ Our vision is to transform how health care is financed and paid for.​


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-

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COBRA is the Consolidated Omnibus Budget Reconciliation Act of 1985, a federal law that requires employers, with 20 employees or more, to offer continuing healthcare coverage to employees, and their spouses and dependents,... Show More
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Min. Group Size

1,000 eligible

Lives Serviced

-

Average Cost

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Automate COBRA-related notices

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Product Description

Businessolver offers COBRA administration services in-house wherein we manage all COBRA activities including compliance, enrollment, documentation, communication, and payment collection. This all happens in our single-source platform, Benefitsolver®, which means COBRA information is... Show More
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Min. Group Size

-

Lives Serviced

350,000

Average Cost

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Product Description

COBRA administration can be complex and time-consuming. The BBP Admin COBRA administration solution allows you to easily outsource this key HR function, avoid potentially costly mistakes, and ensures your ability to remain compliant.... Show More
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Company Overview

Founded

2008

Employees

650

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About PlanSource Benefits Administration, Inc.

Founded in 2008, PlanSource is a benefits administration company on a mission to make it easier for people to choose, use, and manage benefits through engaging, AI-powered experiences. PlanSource solves even the most complex benefits challenges for thousands of customers by pairing a comprehensive suite of strategic administration services with a modern and highly configurable platform. Leading the market in meaningful integration of AI, PlanSource has an unmatched range of ecosystem connections that drive continual innovation and value to clients, partners, and consumers. Headquartered in Orlando, Florida, PlanSource supports more than 5 million consumers through partnerships with more than 3,400 employers... Show More
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Min. Group Size

1 eligible

Lives Serviced

1,095,000

Average Cost

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COBRA online platform

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Automate COBRA-related notices

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Product Description

Managing COBRA services can be as cumbersome as it is complex. ThrivePass utilizes a HIPAA-compliant platform handling every facet of your COBRA administration. We handle the entire process from start to finish, while... Show More
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Min. Group Size

-

Lives Serviced

-

Average Cost

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Product Features

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COBRA online platform

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Product Description

Clarity’s COBRA Administration takes the complexity out of compliance. We handle everything from eligibility tracking and notices to premium collection and carrier payments—ensuring employers stay compliant and participants stay covered.

...
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Company Overview

Founded

1993

Employees

0

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About Vimly Benefit Solutions

Vimly Benefit Solutions (Vimly) is a technology based service company that provides enrollment, eligibility, consolidated billing and back office solutions to Association Health Plans, Payors, TPAs, General Agencies, Professional Employer Organizations (PEOs), Marketplaces and Benefit Enrollment Platforms.
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Product Info

Min. Group Size

50 eligible

Lives Serviced

125,000

Average Cost

Average Cost is Locked

22 RFI Questions Get access to vendor answered question RFIs.

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8 Specific Questions Specific Questions

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Product Features

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COBRA online platform

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Communications materials

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Data document management

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Automate COBRA-related notices

Not Provided.

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Included Show More
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Product Info

Min. Group Size

20 eligible

Lives Serviced

52,110

Average Cost

Average Cost is Locked

22 RFI Questions Get access to vendor answered question RFIs.

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Product Features

✓

COBRA online platform

✓

COBRA eligibility 

✓

Communications materials

✓

Data document management

Not Provided.

Product Description

Consolidated Omnibus Budget Reconciliation Act (COBRA) offers relief by allowing someone to remain enrolled after a qualifying life event causes them to lose health benefits, but COBRA is complex to administer and requires... Show More
Company Overview
Product Info

Min. Group Size

-

Lives Serviced

10,000

Average Cost

Average Cost is Locked

22 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

8 Specific Questions Specific Questions

Lock

Product Features

✓

COBRA online platform

✓

COBRA eligibility 

✓

Communications materials

✓

Automate COBRA-related notices

Not Provided.

Product Description

COBRA Administration
Lively’s COBRA solution delivers full administrative services in compliance with all applicable laws and regulations. Our highly scalable SaaS-based platform supports premium billing, payment collection, and mail fulfillment services. The...
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Frequently Asked Questions

What is COBRA Administration?

COBRA administration is the management of continuation health insurance coverage for employees who lose their job-based health benefits due to qualifying events like job termination, reduced hours, or life changes like divorce. It involves notifying eligible individuals of their rights, processing elections, collecting premiums (typically 102% of group rates), and ensuring compliance with federal COBRA regulations. Many employers outsource this to third-party administrators due to complex requirements and strict deadlines. Coverage typically lasts 18-36 months depending on the qualifying event.

What is a COBRA Administrator?

A COBRA administrator is a person or company that handles the day-to-day management of COBRA continuation coverage for employers. They send required notices, determine eligibility, collect premiums, process elections, and ensure compliance with federal COBRA regulations. Most COBRA administrators are third-party companies that specialize in this service, since the rules are complex and penalties for non-compliance can be severe. Some larger employers handle COBRA administration in-house through their HR or benefits departments.

Who needs COBRA Administration?

Any employer with 20+ employees that offers group health insurance must provide COBRA continuation coverage and handle the administration.

How much does COBRA Administration Cost?

Third-party administrators typically charge $3-15 per eligible employee per month, plus setup fees. In-house administration costs include staff time and compliance risk.

What happens if an Employer fails to provide Proper COBRA Notices?

Employers can face Department of Labor fines of $110 per day per affected individual, plus potential lawsuits and having to pay medical claims.

Are there Different COBRA Rules for Different States?

Federal COBRA applies to employers with 20+ employees. Some states have "mini-COBRA" laws for smaller employers with different requirements.

What Records must be kept for COBRA Administration?

All notices sent, elections received, premium payments, and coverage terminations must be documented and retained for at least 6 years.

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