COBRA Administration_ Avoiding Costly Oversights

Employers that sponsor group health plans enable their employees and their families to take care of their essential medical needs, ensuring that they can devote their energies to productive work. One of the employee protections contained in ERISA is the right to COBRA continuation coverage, a temporary continuation of group health coverage that would otherwise be lost due to certain life events. Employers that do not meet their COBRA obligations may face steep penalties and mandatory compliance reporting requirements. During this session, attendees will learn: • COBRA Applicability • COBRA Coverage Requirements • COBRA Notice Procedures • Identifying Qualifying Events • Penalties for Non-Compliance