What is COBRA?
COBRA stands for the Consolidated Omnibus Budget Reconciliation Act, which became law in 1986. COBRA gives individuals and their family members the right to choose to temporarily keep the group health insurance benefits that they would otherwise lose after a reduction in hours worked, voluntary termination, or involuntary termination.
The impeccable plan administration and customer service your employees can expect from Advanced Benefit Strategies is also available for group health plan COBRA Continuation.
Don’t get squeezed by COBRA.
Let’s face it, managing COBRA benefits for your former employees costs you time and money. That’s because COBRA administration is complicated. Keeping up with the latest COBRA rules and regulations, providing accurate records, and addressing participant phone calls and emails can put a squeeze on your HR department’s productivity.
Let ABS take the bite out of COBRA compliance and administration.
A program like COBRA requires a benefits partner you can trust to provide knowledgeable and dependable plan administration and accurate reporting. Advanced Benefit Strategies is your resource. From complex compliance issues to participant questions — you can expect the same great ABS value and service you’ve come to know, at highly-competitive rates.