COBRA On-Demand
Our COBRA On-Demand Services
- Generating and sending all required COBRA notices to eligible participants/employees & beneficiaries experiencing a loss of coverage
- Collecting participant payments and transferring premiums to the employer
- Tracking of participant eligibility, premiums received, meeting all COBRA timelines
- Mailing and documentation services
- Notifying insurance carriers
- Monitoring COBRA compliance
What is COBRA?
The Consolidated Omnibus Budget Reconciliation Act (COBRA), is the federal law that requires employers with 20 or more employees to offer continuation coverage of their group health plans to covered employees, former employees, spouses, and dependents when group health coverage is lost due to specific events, like an employee’s termination or reduction in hours.
CDS HR On-Demand
Get unlimited access to a team of HR professionals. CDS HR On-demand provides you with access to industry-leading HR tools and resources. Our goal is to provide you with top HR support so you’re able to spend more time doing what you do best and less time sorting out the pieces.
CDS HR On-Demand features:
- Unlimited Ask the Pro.
- Custom employee handbooks, job descriptions and HR documents.
- Up-to-the-Minute ticket tracker.
- Free HR training videos.
- Live Chat assistance.
Health Care Reform
Health Care Reform Services
- Large vs. small employer determination
- Pay or Play
- Determining employer coverage requirements and penalties
- Consulting on tax strategies including the Small Business Tax Credit premium
- Payroll and W-2 requirements
- Reporting requirements including:
- DOL employer exchange notice
- PCORI filing fee – Form 720
- ACA Reporting Forms – Form 1094 and Form 1095
- Summary of Benefit Coverage Statement (SBC)
