This workshop is designed to impart the most current knowledge and processes necessary to ensure employer compliance with the Consolidated Omnibus Budget Reconciliation Act (COBRA). Learn how Exchange Benefit Plans, same-sex marriage and civil unions can affect COBRA requirements. It is useful for both in-house administrators as well as functional managers who must oversee compliance of staff or outsourced COBRA administrators. The course covers administrative best practices, compliance knowledge and discusses optional processes to enhance employer protections. Lessons learned from recent COBRA case decisions are interspersed throughout. Compliance errors can result in extensive fines and penalties to an employer. In addition to the sample forms and resources, this workshop walks through the nine “must know” areas of COBRA law.
- Plans subject to COBRA
- When COBRA must be offered
- Who must be offered COBRA
- What COBRA coverage must be offered
- Length of COBRA coverage
- COBRA election process
- COBRA premiums and payment
- COBRA exceptions
- Required notices
Individuals who administer COBRA in house as well as those who oversee third party administrators
While this class covers the federal requirements of COBRA, employers obligated to offer health insurance continuation under Colorado’s Health Insurance Continuation Law may also benefit from this class.