If you employed 20 or more full-time employees or equivalent part-time employees in the preceding year and offer a group benefit plan, you are required to adhere to the regulations created by the Consolidated Omnibus Budget Reconciliation Act (COBRA) as well as HIPAA. Instituted in 1985, COBRA was developed to protect individuals from a loss of coverage from a group benefit plan due to termination, retirement, reduced hours or another qualifying event. When an individual loses coverage, COBRA offers the individual the opportunity to continue receiving benefits. If the individual chooses to elect COBRA, it is their responsibility to pay the full monthly premium amount. As the employer, it is your responsibility to ensure your company remains within compliance.

Falling outside of compliance can be a costly mistake. Many employers today simply do not have the time or resources to stay abreast of the complex and ever-changing laws surrounding COBRA and HIPAA administration.

Outsourcing your COBRA administration not only lowers your risk of falling out of compliance, but it also allows you to redirect your focus back to the success of your business. As one of the leading third-party administrators (TPAs) in the nation, Flexible Benefit Administrators, Inc. (FBA) specializes in providing reliable and cost-efficient COBRA administration services to our clients. FBA focuses on giving you and your participants the customized service that is deserved. On a daily basis, our COBRA Administrators will perform maintenance on your account and provide quality assistance to your participants. We pride ourselves on the fact that our clients and participants are able to reach one of our COBRA Administrators at any time during business hours. Currently FBA provides COBRA administration to thousands of clients across the nation. Let FBA ease your burden by administering your COBRA program today.

COBRA
Administration

collections/
disbursements

customer service

customized communication

COBRA assistance

implementation

enrollments/
terminations

Clients have a dedicated Benefits Team to administer all account aspects for duration of contract.

Whether it’s a newly-eligible member or current COBRA participant, we ensure every individual receives materials.

COBRA laws are complex and burdensome. FBA can be a resource for answering all of your questions.

Our COBRA Department will collect premiums for all enrolled participants for the duration of coverage.

FBA will partner with your Benefits Team to develop a plan to meet your unique needs.

FBA performs all enrollments/ terminations within one business day of receipt.

How we do cobra