COBRA administration

COBRA administration involves managing the continuation of employer-sponsored health insurance for employees who lose their job or experience a reduction in work hours. Typically, employees can choose to keep their coverage for a limited period by paying the full premium themselves. The COBRA administrator handles notifying eligible individuals, collecting premium payments, and ensuring compliance with federal regulations. This process helps individuals maintain their health coverage during transitional periods while they seek new employment or alternatives. Effective COBRA administration ensures a smooth, legal, and clear process for both the employer and the employee during coverage continuation.