Sheakley COBRA Administration-Services Included

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What’s new with COBRA?

President Obama signed into law the Department of Defense Appropriations ACT, 2010 (2010 DOD Act) on December 21, 2009. The 2010 DOD Act included an extension of the Federal COBRA subsidy originally included in the American Recovery and Reinvestment Act of 2009 (ARRA). The subsidy covers 65% of the COBRA cost and can last up to 15 months. The law became effective immediately.

For more information regarding this law,

click here!

Click here to learn more about COBRA!!

COBRA Administration

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 Services Included

Qualifying event notification by First Class Mail with proof of mailing certification by U.S. Postal Service to qualified beneficiaries for qualifying events

Online qualifying event notification and history detail

Certificate of coverage notification: Initial certificate included with qualifying event notification and second certificate following termination of COBRA

Update notifications sent by First Class Mail to covered employees, COBRA participants, and/or qualified beneficiaries as may be required by amendments to the acts and the regulations, or changes to covered benefit plans

Termination notification upon non-payment of premium or end of COBRA term

Billing, premium collection, and remittance to company

Confirmation Reports provided to employees for all activities

For more information, please contact:
Sheakley Pension Administration, Inc.
COBRA Benefits Division
1-800-877-6630
email: cobra@sheakley.com


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