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Inspira Financial

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Inspira Financial Products (9)

   
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COBRA Administration

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Emergency Savings

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Health Savings Account (HSA)

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Dependent Care Flexible Spending Account (FSA)

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Flexible Spending Accounts (FSAs)

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Health Care Flexible Spending Account (FSA)

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Health Reimbursement Arrangement (HRA)

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Lifestyle Spending Account

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Limited Purpose Health Care Flexible Spending Account (FSA)

Product Description

Consolidated Omnibus Reconciliation Act (COBRA) coverage provides an opportunity for eligible employees and their dependents to pay full premiums and continue their existing group health insurance coverage for a limited period of time (usually 18 - 36 months) after leaving a job or having another qualifying event, as defined by... Show More

About this product

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Consolidated Omnibus Reconciliation Act (COBRA) coverage provides an opportunity for eligible employees and their dependents to pay full premiums and continue their existing group health insurance coverage for a limited period of time (usually 18 - 36 months) after leaving a job or having another qualifying event, as defined by the IRS, that would result in the loss of such coverage.

We make it simple to enroll in COBRA and make premium payments, all through our website.
Direct Billing makes it easy to pay for insurance premiums. This benefit is usually for retirees, employees out on disability, and those taking a leave of absence.

Min. Group Size

20 eligible

Lives Serviced

52,110

Average Cost

Average Cost is Locked

22 RFI Questions RFI questions

RFI questions number is Locked

8 Specific Questions Specific Questions tooltip

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Product Features

✓

COBRA online platform 

✓

Identify COBRA eligibility 

✓

Communications materials for COBRA program

✓

Data collection and document management 

✓

Manage and automate COBRA-related notices  

✓

Automatic submission of forms to insurance  

Show All Features

Product Features

×
✓

COBRA online platform 

✓

Identify COBRA eligibility 

✓

Communications materials for COBRA program

✓

Data collection and document management 

✓

Manage and automate COBRA-related notices  

✓

Automatic submission of forms to insurance  

✓

Premium collection from COBRA enrollees 

✓

Manage termination of coverage 

Inspira Financial Media

Inspira Financial video/presentation/materials Play
Inspira Financial video/presentation/materials Play
Inspira Financial video/presentation/materials Play
Inspira Financial video/presentation/materials Play
Inspira Financial video/presentation/materials Play

Inspira Financial Info

Founded:

2000

Funding Summary:

Not Provided

Location:

2001 Spring Road, Suite 700, Oak Brook, IL 60523, US

Links:

Employees:

Not Provided
Inspira Financial, formerly Millennium Trust Company and PayFlex, provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. We've worked with thousands of employers, plan sponsors, recordkeepers, third-party administrators (TPAs), and other institutional partners... Show More

About this vendor

×
Inspira Financial, formerly Millennium Trust Company and PayFlex, provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. We've worked with thousands of employers, plan sponsors, recordkeepers, third-party administrators (TPAs), and other institutional partners — helping the people they care about plan, save, and invest for a brighter future. We’re relentlessly pursuing better outcomes for all with our automatic rollover IRA services, alternative assets, health savings accounts (HSA), flexible spending accounts (FSA), commuter benefits, emergency savings funds (ESF), and more.

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