COBRA During COVID-19 and Beyond
COVID-19 has been challenging for most employers but one of the areas impacted has been COBRA. Due to the National Emergency declared by the President, COBRA qualified beneficiaries will have more time to elect COBRA, notify the employer of COBRA events, more time to notify employer of special enrolment events and more time to pay their monthly COBRA premiums. In short, employers and benefit professionals who deal with COBRA need to act now to avoid possible adverse consequences in the future.
Once completed the employer or benefit professional should be able to:
- Understand the areas of COBRA that are affected by the extension
- Identify those who will be affected
- Determine best practices to handle those impacted by the extensions
- Answer questions from COBRA beneficiaries regarding new timelines under COBRA
- Determine which procedures and communications need to be modified
- An overview of the Extension for various COBRA notifications and premium payments
- Discussion of how to identify COBRA beneficiaries who will be affected
- Discussion of communications that are required and suggested to handle the extensions
- Strategies to reduce risk to the employer
- Discussion of what employers and benefit professionals should do to comply with the new rules
This webinar is for you if you have not heard about the expansion of COBRA notification and payment periods or are not sure how to handle the new rules. Also, if you wonder how to answer the following questions, this webinar is for you:
- How will the COBRA extensions affect my health plan(s)?
- What COBRA beneficiaries will be affected?
- How should I handle COBRA participants who don’t pay their COBRA premiums on time?
- What sort of notifications do I have to provide?
- What procedures need to be changed?
- When will the extended COBRA periods end?
- Business owners, CEO, CFO
- Human Resource Managers and staff
- third party administrators, brokers, agents or other benefit professionals who handle COBRA.
Robin Benton, has worked for 37 years in the welfare benefit administration and compliance industry. She spent 17 years in the insurance field, and worked in every aspect of the industry, including billing, product design, compliance and computer automation. The complex field of Federal Regulations, including communicating and implementing them efficiently, is her specialty.
As an industry expert, she had been responsible for training a national sales force, being a national speaker and helped develop programs to train other Third-Party Administrators, benefit and human resource professionals.
A small business owner and CEO of BCL Systems, Inc., she has helped small- to mid-sized companies navigate the confusing realm of Federal Regulations for over 20 years.
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