COBRA Insurance Software
by Staff Writer
Administering COBRA does not need to be a complicated task. In fact, the COBRA insurance software offered through CobraAid makes the process as simple as possible. This unique program lets you perform the actions that you need, whether it be sending a General Notice of COBRA Rights, recording a qualifying event, or sending a COBRA Notice of Unavailability. With everything you need right at your fingertips, this is the easiest way to keep track of your employee’s COBRA benefits. You’ll never get caught up in unnecessary paperwork and out-of-date regulations with CobraAid insurance software!
The Consolidated Omnibus Budget Reconciliation Act, or COBRA, was passed in 1986. Its purpose was to give terminated employees the ability to continue their group health coverage for a set amount of time. Since the employer is no longer required to pay part of the insurance costs, the coverage is more expensive. However, it is still much less expensive than individual coverage.
COBRA Insurance Software for Small Businesses
Every company that has more than 20 employees and a group health plan must comply with COBRA, though many do not administer it correctly–or at all. In fact, 95 percent of businesses are currently non-compliant with the COBRA laws, putting them at risk for unpaid medical bills and stiff penalties. If you want to feel confident that you’re following the laws precisely, order CobraAid. It is the most comprehensive and easy-to-understand COBRA insurance software on the market.
In addition to helping you understand COBRA, we’ll also include the HIPAA Privacy Manual. All of the products that we have are listed on our website, with packages for both employees and insurance brokers. If you have any specific questions for us, a live representative can help you out immediately–just click on the “chat now” button located on our homepage.
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