Business owners quickly find out — administration of COBRA (Consolidated Omnibus Budget Reconciliation Act) which provides an extension of Medical Insurance/Benefits to employees and their dependents in certain circumstances, has become a time-consuming and complicated task.
Guest blogger Rich Glass, JD, chief compliance officer for Infinisource, Inc., explains why you should turn your headaches over to a third-party administrator such as Infinisource:
Consider four factors in making this critical decision to seek the assistance of a COBRA third-party administrator (TPA):
1. The TPA’s ability to provide a comprehensive, IRS and DOL compliant program
2. The commitment to customer service
3. The level of technology to facilitate interactions between TPA and employer
4. The extent of indemnification protection should something go wrong
Learn more about how outsourced COBRA administrators can help you by reading the rest of Rich’s article, Why Consider Outsourcing COBRA?
