
COBRA administration features that benefit you:
Carrier Terminations & Enrollments
Open Enrollment Assistance
Online Payment Options
Portal is Available 24/7/365
Add Participants & Update Rates
Download Notices & Reports
COBRA is the most commonly outsourced HR function. Since 1995, BASIC has developed the best practices for COBRA, ensuring consistent and reliable compliance. BASIC takes the majority of liability off of employers.
We exceed DOL COBRA notification time frame guidelines
- Non-availability of coverage notice
- Termination of COBRA continuation coverage notice
- Payment coupons
- Failure to elect COBRA notice
- Late payment notice
- Notice of COBRA premiums short by an “insignificant amount”
- Notice of change of COBRA premium
- Individual conversion policy notice
- Required California notices
- Alternative coverage options (if available)
Who must comply with COBRA?
All employers with over 20 employees on 50% of their typical business days in the preceding calendar year.
Qualifying COBRA Events:
- Voluntary termination
- Involuntary termination
- Reduction of employee hours
- Death of employee
- Divorce or legal separation
- Medicare entitlement (in extremely rare circumstances)
- Dependent child ceasing to be a dependent
Eligible Coverages:
- Medical
- Dental
- Vision
- Prescription
- Health FSA
- HRA
- Certain EAP’s
To ensure your company is compliant with all COBRA regulations, request a proposal today!