COBRA Assistance
by Staff Writer
Getting COBRA assistance before it’s too late is more than a smart idea–it’s a business necessity. If you aren’t familiar with the penalties for not administering COBRA correctly, you may be surprised to learn how much non-compliance can cost you. Penalties include a $100 per day excise tax fine, a $110 day fine by ERISA, and the cost of unpaid medical bills for ex-employees who were denied coverage.
A small business can be critically impaired by such fees, so it is important to follow the laws accordingly. If you have been searching for a tool to help you administer COBRA effectively, we can help. Here at CobraAid, we have COBRA assistance tools that make the law simple to administer and easy to understand.
Who Needs COBRA Assistance?
CobraAid is not just for employers. We also have a COBRA assistance package to help insurance brokers ensure that their clients are in compliance with the law. As a broker, you’ll have full use of our manuals, documents, and software and will be able to give it to all of your clients free of charge. We’ll even provide each client with free email support and updates on the newest COBRA regulations.
Other companies that sell COBRA compliance tools encourage brokers to resell their products. However, we let you give the products away for free, as an additional bonus to your brokerage services! To ask a question, please click on the “chat now” feature that is located on our website. You’ll be immediately connected to a live representative who can answer your questions on COBRA assistance and administration.
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