If your business has 20 employees or more, you may be required by law to offer certain benefit options to your employees. Penalties for noncompliance can end up costing your business thousands. Stay in compliance with our COBRA benefits administration service and avoid the stress of managing the program yourself and also avoid penalties from the IRS and DOL.
What is COBRA?
Employer Support Services ensures your company is in compliance with COBRA or the Consolidated Omnibus Budget Reconciliation Act of 1985. The COBRA law states that employers with 20 or more employees must offer qualified individuals and their dependents the option to extend their health coverage after termination or another qualifying event.
The Best in COBRA Administration
Employer Support Services has been administering COBRA since 1996. Our staff is knowledgeable and experienced in COBRA administration. With years of experience and extensive yearly training on COBRA regulations, we provide you with the proper services to stay in compliance.
ESS keeps you in compliance with COBRA by performing COBRA administration services.
With full-service COBRA administration from ESS, you save time, effort, and frustration. We make sure each employee has the information and documents they need to keep you in compliance with the IRS and DOL.
Avoid COBRA Penalties
Employers who fail to uphold their obligations under the COBRA law are subject to IRS and DOL penalties which can add up to more than $200 per day, per employee. In addition, those penalties can cost your company expenses related to lost premiums, additional claims paid, or expenses relating to lawsuits.
When you partner with ESS for your COBRA administration, you no longer have to worry about penalties or paperwork. We take care of all COBRA administration requirements for you. With personal service and reporting, you know you are in compliance at all times. When your employee experiences any of the following qualifying events, we ensure they have the right information from your company.