The Consolidated Omnibus Budget Reconciliation Act, which became law in 1986 gives individuals and their family members the right to choose to temporarily keep the group health insurance benefits that they would otherwise lose after reducing work hours or losing a job.
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.
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.