COBRA NEWS

Why Better Brokers Offer COBRA

Your goal is to sell health insurance, so why confuse the issue by introducing COBRA administration? Because if you don’t, another agent will. Learn how to educate your employers and close the door on your competition.

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COBRAGuard Offers Free Action Plan Webinar to Assist Employers with COBRA Subsidy Extension

imagePresident Obama signed the bill containing the COBRA subsidy extension into law on Dec. 19, 2009.  With this extension, employers must act quickly to fulfill their notice obligations, update carriers and adjust administrative procedures. To smooth the transition, COBRAGuard Inc. is offering a free Webinar on Wednesday, Jan. 6 at 11 a.m. Central Time. The Webinar is entitled, “How to Get it Right the First Time – Your Action Plan for the ARRA Extension.” Company President Robert Meyers says, “A lot of people are talking about the core elements of the bill, but no one is saying much about what exactly must be done. Our goal is to give employers a practical guide.”

The free Webinar is open to the first 1,000 people who enroll online at http://www.cobraguard.net. Employers, third party administrators and insurance brokers are welcome. In addition, other Webinars are scheduled for COBRAGuard members. The Action Plan Webinar will cover notice obligations, eligibility and subsidy timelines. It will also go beyond the basics to delve into the practical dilemmas and potential stumbling points, such as:

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COBRAGuard Offers Free Action Plan Webinar to Assist Employers with COBRA Subsidy Extension

MISSION, Kan., Dec. 31 /PRNewswire/—President Obama signed the bill containing the COBRA subsidy extension into law on Dec. 19, 2009. With this extension, employers must act quickly to fulfill their notice obligations, update carriers and adjust administrative procedures. To smooth the transition, COBRAGuard Inc. is offering a free Webinar on Wednesday, Jan. 6 at 11 a.m. Central Time. The Webinar is entitled, “How to Get it Right the First Time - Your Action Plan for the ARRA Extension.” Company President Robert Meyers says, “A lot of people are talking about the core elements of the bill, but no one is saying much about what exactly must be done. Our goal is to give employers a practical guide.”

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COBRA Dilemma:  Subsidy Status

imageAlthough ARRA’s COBRA subsidy period is set to expire Dec. 31 and lawmakers are pushing for an extension, a decision has not yet been made.

If passed, it’s still unclear what form an extension of the COBRA subsidy program will take. Bills were introduced recently in the House and the Senate that not only extend COBRA benefits through June, but also increase the current subsidy of 65 percent to 75 percent. It’s unclear if the subsidy increase will apply to all current ARRA-eligible COBRA participants, newly-employed or both. It’s also unclear if those who have received 65 percent will be entitled to any adjustment for their time already on COBRA.

While uncertainty remains, it’s important to prepare for year-end and get ready for the possibility of a COBRA subsidy extension in the year ahead by taking these critical steps:

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When ARRA Collides with the Christmas Party

Employers across the nation are struggling with a gargantuan problem: How to merge ARRA COBRA compliance with payroll tax reporting. For HR professionals who don’t moonlight as accountants, the problem is overwhelming. Here’s what you need to know to minimize ARRA’s COBRA headaches.

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