Ready to revolutionize your COBRA (Consolidated Omnibus Budget Reconciliation Act) plan administration? Discover how Benefits OS can transform your organization with its powerful features and seamless integration. Contact us today to schedule a demo and see Benefits OS in action.
Schedule a Demo
Cobra Administration FAQs
What is COBRA administration software and how does it help unions?
COBRA administration software is a specialized platform that automates and streamlines the management of continuation health coverage under federal COBRA regulations. For unions and Taft-Hartley trusts, this software simplifies complex compliance requirements, automates member notifications, and provides self-service portals for members to manage their COBRA elections and payments.
How does Benefits OS COBRA administration software for unions differ from generic solutions?
Benefits OS COBRA administration software for unions is specifically designed with labor-specific logic and features tailored to union-affiliated benefit plans. It includes integrated hour tracking, collective bargaining agreement management, and seamless handling of qualifying events unique to union environments, such as reduction in work hours or changes in employment status.
What are the key features of COBRA administration software?
Modern COBRA administration software includes automated eligibility detection, secure member portals for elections, timeline management for coverage periods, automated IRS/DOL compliant notices via email and SMS, integrated payment processing through Stripe, document management with e-signatures, and comprehensive reporting capabilities.
How does automated COBRA administration reduce compliance risks?
COBRA administration through Benefits OS automatically triggers qualifying events, sends timely election notices, tracks grace periods, and manages termination letters in full compliance with federal regulations. This automation eliminates manual errors and ensures all deadlines are met, significantly reducing the risk of penalties and lawsuits.
Can members self-manage their COBRA elections through the software?
Yes, the COBRA administration software provides a custom member portal where qualified beneficiaries can accept or waive coverage, view their hour bank balances, make premium payments securely through Stripe integration, access plan details, and receive automated notifications about important deadlines.
What types of COBRA qualifying events does the software handle?
The COBRA administration system automatically detects and processes various qualifying events including termination of employment, reduction in hours, dependent aging out, divorce or legal separation, death of the covered employee, and Medicare entitlement. Each event triggers appropriate notifications and timeline tracking.
How does COBRA administration software integrate with existing union systems?
Benefits OS COBRA administration seamlessly integrates with existing union management systems, including hour tracking databases, member information systems, and financial modules. This integration ensures data consistency across all platforms and eliminates duplicate data entry.
What support and training is available for COBRA administration software implementation?
Benefits OS provides comprehensive support including a dedicated implementation team, unlimited training for administrators, ongoing development team support for bug fixes and enhancements, regular platform upgrades, and unlimited web changes to adapt the system to your specific needs.