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DAKOTACARE COBRA
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DAKOTACARE COBRA
"COBRA," the Consolidated Omnibus Budget Reconciliation Act, and state continuation laws give employees and eligible dependents the right to continue group health care coverage for a period of time following certain events that would otherwise result in loss of coverage.
Compliance with COBRA and state laws is a challenging task, and errors or omissions may result in fines, tax penalties and lawsuits. Therefore, many employers turn to professional administrators for their COBRA continuation services.
DAKOTACARE offers employers complete administration and management services for benefits mandated under COBRA and state continuation laws. Administration through DAKOTACARE COBRA Services saves your organization time, money, in-house training and potentially costly errors.
Our services include:
- Supply election notices and track the initial election period
- Issue payment coupons
- Receive and track payments, if applicable
- Communicate with qualified beneficiaries regarding incomplete remittances, erroneous receipts, etc.
- Provide standard monthly reports
- Issue conversion option letters, if applicable
- Send annual rate notice changes
- Send "late payment reminder" letters (payment reminders) during the premium grace period
- Answer employer and qualified beneficiary questions related to COBRA and state continuation laws
For more information on any DAKOTACARE product or service, contact the DAKOTACARE Sales and Marketing Department at (605) 334-4000 or (800) 325-5598, or your local DAKOTACARE agent.
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