COBRA Administration

 Image of smiling older man with other employees behind him.

Flexible. Creative. Affordable.  That's Lifetime Benefit Solutions.  

There is no other "standard program" here. At Lifetime Benefit Solutions, clients get everything they need.

We know it can be difficult to manage the many COBRA regulations. Compliance is critical. Lifetime Benefit Solutions will handle your COBRA administration quickly and accurately. We are experienced, knowledgeable partners, offering this critical process service since 1986. Our notification services are organized to simplify COBRA administration. We are industry leaders in client support with a superior client website. 

Navigating COBRA Compliance

With the passage of the Consolidated Omnibus Budget Reconciliation Act (COBRA) in 1985, terminated employees or their family members who lose coverage due to certain events may be able to continue under a company's group health plan for limited periods of time.

The single most common reason for COBRA lawsuits over the last 20 years was allegations of "improper notice." Without proof of compliance, a company could be liable for:

  • IRS Excise Tax
  • Department of Labor lawsuits
  • Damages
  • ERISA fines
  • Ex-employee claims
  • Attorney fees

Administratively, your COBRA responsibilities begin with an initial COBRA notification to cover employees and dependents, and continue with activities such as: 

  • Qualifying event-related COBRA notification and/or extensions
  • Ongoing billing for correct COBRA eligibility period
  • Collection and premium payment
  • Tracking COBRA completion dates

Without proof of compliance, you could be liable for ERISA fines (up to $110 per employee per day of noncompliance) and IRS excise taxes (up to $200 per employee per day). In addition, legal fees and retroactive claim payments can add your expenses. 

Our COBRA Services by the Numbers

  • Dependable service from knowledgeable specialists with 30 years of COBRA and premium billing experience
  • 90 percent of COBRA notifications are processed within five business days of receipt-all within the 14 day requirement for processing
  • Termination notifications to the carriers are processed within six business days
  • All payments are processed on the day that they are received - one business day
  • All client requests of inquiries are processed within three business days
  • Same time reporting available 24 hours a day via client web portal access

COBRA Reporting

Lifetime Benefit Solutions offers a variety of reports on specific data, including on-demand web-based reporting... Read more

Secure client, broker and participant web portal access.

  1. Electronic file capabilities (clients and carriers)
  2. Proven relationships with most insurance carriers nationwide
  3. Individual state COBRA administration

Want to learn more about our Benefits Administration Programs?

Contact your broker
or contact us directly at

1-800-356-1029

Contact Us Online

Get A Quote

An image of a Lifetime benefit solutions associate pointing to a post it note explaining a quote that was given to a client.

Benefits programs built around you.

We provide a laser-focus on the critical elements of any successful benefit program. Effective design; clear, concise communication; and dependable, ongoing administration and compliance, mapped to each company's individual needs and workforce. Call 1-800-356-1029 or

Get A Quote

 

Lifetime Benefit Solutions is a national leader in developing and delivering health-related benefits plans – partnering with our customers to deliver value and promote employee health and wellness.

Flexible employee benefit programs, intelligently and creatively customized to your company’s unique situation.