COBRA
Davis HR Solutions has helped us tremendously over the past few years during a growth phase of our company. They have helped us navigate a changing benefits environment, further complicated by our operations spanning three different states. We are not large enough to warrant a full time in house HR person, so it's a real luxury that we have Davis HR to bounce questions and ideas off of.Jay
The administration of the Consolidated Omnibus Budget Reconciliation Act (COBRA) is a specialty of Davis HR.
Impacting former and even existing employees, COBRA can affect nearly any business.
For cases of voluntary or involuntary job loss, hour reductions, death, divorce, and other qualifying events covered by COBRA, we can assist in helping your company and your employees better understand the ins and outs of the act, including:
Providing employees and families with initial notification of COBRA rights:
We can help your employees and families understand what is available to them through COBRA, answer initial questions, and help administer the first steps of the process.
Status changes or changes in benefits upon termination:
Following an employee dismissal, providing qualified beneficiaries notification of their COBRA coverage is essential. We can help employees understand what their options are so they can make the best decision regarding their insurance alternatives.
Collection of COBRA premiums:
Qualified individuals may have to pay the entire premium for up to 102% of the cost of the plan. Davis HR can help your organization collect these funds to insure continued coverage.
Employer portal for termination, changes and other notifications:
This easy to use tool can quickly and efficiently give us real time updates into internal changes at your organization, allowing us to effectively work with your employees and families with their COBRA coverage.