Updates from our newsletter!

— Companies join forces to provide expanded benefit administration and communication services — Miamisburg, OH — July 6, 2020 — BusinessPlans, Inc., a trusted provider of  pre-tax benefits such as FSAs, HRAs, HSAs, and COBRA administration  announces its partnership with Navia Benefit Solutions, a nationwide consumer-directed benefits provider of health, life, and compliance solutions. The partnership […]

When Is My Payment Due? And the answer is…it depends. “When is my payment due” is one of the top questions COBRA members ask our support team. 

COBRA compliance isn’t about what you did; it’s about what you can prove you did.  If a lawsuit is ever brought against your company, the only way to keep from paying penalties and fines is having documented proof of what occurred. 

The purpose of the disability extension is to act as a bridge to allow disabled individuals to remain on Cobra until they become entitled to Medicare. Individuals who have been deemed disabled by the Social Security Administration can extend their coverage for an additional 11 months for a total of 29 months of coverage.

It goes by several different names: Specific Rights Notice, Qualifying Event Notice, Election Notice, COBRA Offering Packet and more. Regardless of which name you use, the rules and regulations are the same, and the fines for not following those rules are costly.