COBRA Administration

COBRA administration provides employers with the administrative functions required to comply with the Consolidated Omnibus Budget Reconciliation Act (COBRA).
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1 eligible

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65,000

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COBRA....made simple!
Options Include PEPM OR Pay-As-You-Go service packages tailored to your unique business needs.
- Implementation within a few days
- Coordination and data integration with virtually any...
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We humanize COBRA with compassionate off-boarding. As a best-in-class COBRA administrator, we leverage our attorneys and brokers to provide advanced support for employers and employees.

Navigating COBRA gets complex....
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1 eligible

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1,000

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The Consolidated Omnibus Budget Reconciliation Act, which became law in 1986 gives individuals and their family members the right to choose to temporarily keep the group health insurance benefits that they would otherwise... Show More
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ebm

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Founded

2013

Employees

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None

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About ebm

ebm provides employee benefits solutions for Open Enrollment and beyond. Our portfolio of industry-leading benefits technology platforms and administrative services streamlines the entire benefits administration process for benefit consultants and HR. Show More
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-

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200,000

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Complete COBRA Administration Software!

Everything you need in the cloud for COBRA administration & compliance notifications, premium billing and collection, so you can concentrate on your business and leave the...
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Min. Group Size

1 eligible

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436,208

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Product Description

COBRA administration is complex and involves a lot of moving parts. That’s why we created a comprehensive platform that manages everything end to end.

• Notice fulfillment and return mail...
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Company Overview

Founded

1989

Employees

397

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About BASIC

As one of the first third-party administrators of Flexible Spending Accounts in the nation, BASIC is a Technology Driven HR Compliance Company focused on delivering administrative and technology solutions to assist Human Resource Departments throughout the United States. Show More
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Product Description

COBRA regulations are complex and have many intricacies. Our end-to-end COBRA administration provides notices within required timeframes, collection of premium payments, remittance to the employer, coordination with carriers for reinstatements and terminations, and... Show More
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Company Overview

Founded

2004

Employees

83,270

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Not Provided

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About Optum Financial

Optum Financial is at the crucial connection between health care, finance, and technology. We’re a highly-connected, health care payments ecosystem designed to reduce friction and increase affordability. Our vision is to transform how health care is financed and paid for.


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-

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COBRA is the Consolidated Omnibus Budget Reconciliation Act of 1985, a federal law that requires employers, with 20 employees or more, to offer continuing healthcare coverage to employees, and their spouses and dependents,... Show More
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Min. Group Size

1,000 eligible

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-

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Automate COBRA-related notices

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Product Description

Businessolver offers COBRA administration services in-house wherein we manage all COBRA activities including compliance, enrollment, documentation, communication, and payment collection. This all happens in our single-source platform, Benefitsolver®, which means COBRA information is... Show More
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Min. Group Size

1 eligible

Lives Serviced

1,095,000

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Automate COBRA-related notices

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Product Description

Managing COBRA services can be as cumbersome as it is complex. ThrivePass utilizes a HIPAA-compliant platform handling every facet of your COBRA administration. We handle the entire process from start to finish, while... Show More
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Product Info

Min. Group Size

-

Lives Serviced

350,000

Average Cost

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COBRA online platform

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Product Description

COBRA administration can be complex and time-consuming. The BBP Admin COBRA administration solution allows you to easily outsource this key HR function, avoid potentially costly mistakes, and ensures your ability to remain compliant.... Show More
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Employees

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About MetLife (Spending Accounts)

MetLife Health Savings & Spending Accounts suite:
Health Savings Account
Health Flexible Spending Account
Dependent Care Flexible Spending Account
Limited Purpose Flexible Spending Account
Health Reimbursement Arrangement
Commuter Benefits
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Min. Group Size

-

Lives Serviced

-

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22 RFI Questions Get access to vendor answered question RFIs.

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Product Features

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COBRA online platform

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Product Description

Clarity’s COBRA Administration takes the complexity out of compliance. We handle everything from eligibility tracking and notices to premium collection and carrier payments—ensuring employers stay compliant and participants stay covered.

...
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Company Overview

Founded

August 2016

Employees

109

Funding Summary

80M

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About Lively

Lively is the modern HSA experience built for those seeking stability in the ever-shifting and uncertain healthcare landscape. Lively is committed to helping every HSA maximize its potential through intuitive design, accessible support, and ongoing education. Show More
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Company Overview

Founded

1993

Employees

Funding Summary

Not Provided

Clients Your Size Clients Your Size

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About Vimly Benefit Solutions

Vimly Benefit Solutions (Vimly) is a technology based service company that provides enrollment, eligibility, consolidated billing and back office solutions to Association Health Plans, Payors, TPAs, General Agencies, Professional Employer Organizations (PEOs), Marketplaces and Benefit Enrollment Platforms.
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Product Info

Min. Group Size

50 eligible

Lives Serviced

125,000

Average Cost

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22 RFI Questions Get access to vendor answered question RFIs.

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8 Specific Questions Specific Questions

Lock

Product Features

✓

COBRA online platform

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Communications materials

✓

Data document management

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Automate COBRA-related notices

Not Provided.

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Included Show More
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Product Info

Min. Group Size

1,000 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

22 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

8 Specific Questions Specific Questions

Lock

Product Features

✓

COBRA online platform

✓

Communications materials

✓

Data document management

✓

Automate COBRA-related notices

Not Provided.

Product Description

Proven software and expert services that support notification, enrollment, payment and reporting for COBRA participants. Show More
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Company Overview

Founded

Jan-06

Employees

6

Funding Summary

Not Provided

Clients Your Size Clients Your Size

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About Burnham & Flower - AP

Guiding your benefits: Our administration professionals provide expert services for HRA, HSA, FSA, COBRA, Lifestyle Benefits and Parking and Transit benefit plans along with innovative resources to help your employees manage their consumer directed health care accounts. Multipurpose debit card: A single debit card is leveraged for all benefit account spending. Next Generation Member Portal and Mobile App: Powerful self-service capabilities plus education and decision support tools. Get real-time balances and transactions, submit claims, access plan details, account alerts, and much more. Employee Engagement Tools: Real-time administration platform automatically sends event-triggered alerts and notifications via text and email that keep... Show More

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Frequently Asked Questions

What is COBRA Administration?

COBRA administration is the management of continuation health insurance coverage for employees who lose their job-based health benefits due to qualifying events like job termination, reduced hours, or life changes like divorce. It involves notifying eligible individuals of their rights, processing elections, collecting premiums (typically 102% of group rates), and ensuring compliance with federal COBRA regulations. Many employers outsource this to third-party administrators due to complex requirements and strict deadlines. Coverage typically lasts 18-36 months depending on the qualifying event.

What is a COBRA Administrator?

A COBRA administrator is a person or company that handles the day-to-day management of COBRA continuation coverage for employers. They send required notices, determine eligibility, collect premiums, process elections, and ensure compliance with federal COBRA regulations. Most COBRA administrators are third-party companies that specialize in this service, since the rules are complex and penalties for non-compliance can be severe. Some larger employers handle COBRA administration in-house through their HR or benefits departments.

Who needs COBRA Administration?

Any employer with 20+ employees that offers group health insurance must provide COBRA continuation coverage and handle the administration.

How much does COBRA Administration Cost?

Third-party administrators typically charge $3-15 per eligible employee per month, plus setup fees. In-house administration costs include staff time and compliance risk.

What happens if an Employer fails to provide Proper COBRA Notices?

Employers can face Department of Labor fines of $110 per day per affected individual, plus potential lawsuits and having to pay medical claims.

Are there Different COBRA Rules for Different States?

Federal COBRA applies to employers with 20+ employees. Some states have "mini-COBRA" laws for smaller employers with different requirements.

What Records must be kept for COBRA Administration?

All notices sent, elections received, premium payments, and coverage terminations must be documented and retained for at least 6 years.

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