The IRS claims that more than 90 percent of all employers are out of compliance with COBRA regulations. Plus COBRA administration requires substantial administrative investments in billing and collection of premiums, reporting, accounting, not mention labor costs, legal fees, and postage. That’s why outsourcing COBRA administration is the smart way to reduce your risks and costs, while focusing your resources on your business.

Ebix Health in partnership with the FLEXCORP delivers the systems and support to ensure compliance with the latest COBRA regulations. FLEXCORP’s online service is integrated with the EbixBenergy Communication platform so you can take advantage of an automated, user-friendly, cost-effective web portal for administration and compliance of COBRA obligations. Plan administrators and employees can generate real-time reports, make online COBRA payments, as well as view coverage, eligibility, payment, and notification information.

We can also help you stay on top of emerging statutes, regulations, and court cases that
impact how plans maintain compliance. This helps to ensure that the administration of
the program satisfies the stringent requirements that apply to the COBRA, HIPAA, and
state continuation benefits you provide.

Benefits

• Comprehensive, end-to-end COBRA administration service for both state and federal continuation laws
• Plan sponsor access via the EbixBenergy Communications platform
• Qualifying event services including mailing of election packages, enrollment forms, and premium payment coupons
• Communication of all COBRA elections and changes to carriers
• Collection and tracking of premium payments
• Detailed monthly reports for plan sponsors
• Employee retro notifications option