ConnectYourCare Special Edition demystifies COBRA requirements for employers and brokersHunt Valley, MD, June 16, 2020
ConnectYourCare, a national leader in consumer-directed health care account solutions and highly compliant COBRA administration, today announced the release of COBRA Administration For Dummies® in partnership with John Wiley & Sons, Inc., publisher of the best-selling “For Dummies” book series.
This new book, written for employers, benefits specialists, and HR personnel administering COBRA—as well as benefits brokers and consultants assisting their clients—simplifies the complex nuances surrounding COBRA, formally known as the Consolidated Omnibus Budget Reconciliation Act.
Many employers are mandated to offer COBRA by the U.S. Department of Labor as a means of providing continuing group health insurance coverage for employees and their families after a job loss or other qualifying event. However, benefits personnel who handle COBRA are often left navigating the rules, regulations, and complex administrative work on their own.
Written by ConnectYourCare’s expert COBRA team, this ConnectYourCare Special Edition sheds light on the subject, offering both simplified explanations and detailed descriptions for a number of COBRA topics, including but not limited to:
- Who COBRA covers, what benefits should be offered, and when
- Explanations of employee and employer responsibilities for collecting information
- COBRA notifications and timelines
- Guidelines for staying compliant and avoiding pitfalls
- 10 top tips for administering COBRA
“COBRA is notoriously difficult to administer, and ConnectYourCare is thrilled to offer an industry-first COBRA guide that offers clarity straight from our experts,” said Steve Grieco, ConnectYourCare Chief Executive Officer.
“This Special Edition will help employers alleviate administrative pain points and expand their knowledge around COBRA regulations to maintain compliance.”
COBRA Administration For Dummies®, ConnectYourCare Special Edition is also available for download at https://www.connectyourcare.com/resource/cobra-administration-for-dummies/.
As a consumer-directed health care pioneer and nationally recognized industry leader, ConnectYourCare delivers a comprehensive solution supporting health care savings accounts and expanded tax-advantaged offerings. Through continuous evolution, highly rated service, and domain expertise across the benefits, banking, and payments spectrum, we are revolutionizing the connection between health and wealth. ConnectYourCare creates greater participant value through intuitive account management; greater employer value and savings through dynamic, outcome-based workflows and tools; and greater partnership value through deep engagements to meet goals—with proprietary, cloud-based technology and a modern, intelligent platform as its foundation.
Trusted by leading organizations, spanning all industries and sizes, we are making it easier for people to manage care, so they can enjoy life. For more information, visit ConnectYourCare.com or follow us on Twitter @ConnectYourCare.