Is COBRA Administration Squeezing the Life out of Your HR Department?

Take the COBRA / Wisconsin Continuation Compliance Quiz

1. Did you know Qualified Beneficiaries may be required to receive 11 different COBRA Notifications?D
2. Do you keep up with the IRS Revenue Changes? (Revenue Ruling 2004-22 for example)
3. Are you aware of the new Medicare Extensions?
4. Do you know the time frames required by DOL for Initial Notices? (Now called General Notices)
5. Are you aware of different regulations that apply to COBRA and State Continuation?
6. Do you know if your company is subject to COBRA regulations or Wisconsin Continuation regulations?
7. Do you have an Employee Election Notice?
8. If you have one, does it include the 15 specific provisions that are required?
9. Do you keep up with the Department of Labor (DOL) Federal Regulations? (Final regulation in Federal Register              Volume 69, Number 102 Dated 05/26/03 for example)  Are you aware of the penalties if you fail to comply?
   
   • IRS penalty of $100 per day for single coverage, $200 per day for family coverage
   • ERISA penalty of $110 per person per day with no family maximum
   • Attorney Fees
   • Court Costs
   • Damages
   • Payment of Qualified Beneficiary medical bills to make them “whole"

If you answered ‘no’ or unsure of any of these questions, you may benefit from a new affordable way to take away the worry of COBRA Administration offered to clients of The Starr Group!

For a reasonable, one time fee, all of the stress of compliance issues will be alleviated!

Contact us today!