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August 23rd, 2006
COBRA Health Insurance Law

COBRA Health Insurance Law

by Staff Writer

As a professional with over 18 years in the insurance business, I know all about the importance of understanding and complying with the full range of COBRA health insurance law. My name is Steve Reynolds, and I’m the founder of CobraAid, a COBRA compliance tool that is geared towards helping employers and brokers with this oftentimes confusing field.

When you purchase CobraAid, you get a 70-page manual full of the important COBRA forms, unlimited email support, our fantastic software, and access to the necessary documents as either PDF or Microsoft World files. This makes it easy for you to print out the health insurance forms that you need, as you need them. We’ll even keep you on top of the latest COBRA law revisions, so that you’ll always be 100 percent compliant–without diverting your top resources away from core competencies.

Simplify COBRA Health Insurance Law
Approximately nine out of 10 businesses are not compliant with COBRA law. If you are not following these health insurance laws, you could face large fines, including a $100 per day excise tax fine and a $110 per day ERISA fine. To avoid these hefty penalties, invest in CobraAid and ensure that you’re providing essential coverage to the letter of the law.

Included in your manual you’ll find an Initial Notice of COBRA Rights, Documentation Key and Cobra Procedures Manual. The Initial Notice must be provided to all employees who are currently covered under your company’s health insurance plan. The Documentation Key gives you everything you need to record payment information, as well as document conversations and important dates. To learn more about what CobraAid can do for your business, click on the “chat now” feature. We’ll answer any questions you have immediately!

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