CobraOne, Inc. is a comprehensive COBRA compliance system that can remove you and the employer from the hassles of COBRA administration. No matter whether you are self-funded, have a fully insured benefit plan or participate in an HMO. CobraOne can provide all notifications, billings and customer service support for your medical, dental, vision, EAP and flexible spending account plans. Our service fully documents that you have properly notified all qualified beneficiaries.

Businesses today are facing extraordinary challenges to remain competitive, profitable, and legally compliant. One of the exposures that can be removed from your business today is the managing of your COBRA Administration.

By outsourcing this responsibility to CobraOne you will take the burden and liability off of your busy staff and ensure all regulatory requirements are met.

CobraOne is a turnkey on line service that offers the following advantages:

According to the IRS, as much as 95% of companies in the United States are non-compliant with COBRA regulations. The penalties for non-compliance can be disastrous for businesses of any size. Charles D. Spencer & Associates and ERISA Attorney’s estimate that the average cost to defend a COBRA compliance case is $40,000 to $50,000, NOT including the uninsured medical expenses. Companies with group benefit plans need to be aware of these risks and how to manage them. Outsourcing COBRA administration is the right solution.

At CobraOne, we recognize that specialization is critical to excellence. CobraOne was built from the ground up for one purpose: to provide the most outstanding COBRA administration available. Our clients range in size from 20 to more than 20,000 lives. CobraOne also serves as a "back-room" for TPAs, associations and affinity groups, guaranteeing compliance to their clients. We deliver value in terms of Cost Quality and Access!

CobraOne has also taken the confusion out of the cost for providing COBRA administration. There are no separate notice fees, no set-up fee, and no surcharges.

You choose from either the Standard Service package or, for only $.15 PEPM (Per Employee Per Month) more, you can upgrade to the Standard Plus package which also includes mailing of the initial notification of rights required when an employee or spouse becomes a plan participant. Fees are based on the number of employee participants enrolled in your plan.

Standard Services: $1.35 PEPM

Standard Plus Services: $1.50 PEPM

(Includes all of the Standard Services shown above plus the following)

Additional Services:

Retro COBRA Initial Notification of Rights to Continuation Coverage: $5.00 per notice (Sent to existing employees currently covered)

Manual Notification to CobraOne: $5.00 per notice (No Charge for notifications entered through the CobraOne web site)

Note: In addition to the fees and charges set forth above, CobraOne shall retain the 2% administrative charge paid by each continuant under the Plan(s) as compensation for the handling of premium payments, or shall retain any greater administration charge allowed by law whichever is higher. A minimum monthly fee of $30.00 to include the Standard Plus Services will be charged for employers with under 20 employees. PEPM rates go into effect when the employer exceeds 20 employees.

CobraOne eliminates the confusion and risk of COBRA administration by performing all of the following functions on your behalf: