Effective in 2012, Sheakley will be adding COBRA Administration to our suite of services. It is estimated that 90% of the companies subject to COBRA are out of compliance. Sheakley will provide peace of mind by ensuring your compliance.
COBRA Administration Overview
COBRA provides continuation coverage requirements applicable to group health plans and the individuals that lose coverage under such plans.
Under COBRA rules, both group health plans and the individuals losing coverage under those plans have specific guidelines and strict timetables to follow in offering and electing to receive COBRA coverage.
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Administration of the COBRA rules is a four-step process that includes:
- Designing and deciding upon plan administration procedures, processes, forms and notices
- Identifying COBRA events
- Sending, receiving and managing the paperwork, timeframes and terminating events once someone is “on” COBRA
- Keeping updated on COBRA court cases and regulatory changes that may affect COBRA compliance procedures
Online Access: MyRSC login
For more information, please contact:
Sheakley Pension Administration, Inc.
COBRA Benefits Division
1-800-877-6630
email: cobra@sheakley.com
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