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Products & Services
COBRA Administration (For Businesses with 20 or More Employees)
Wellmark’s COBRA administration services can help you save time, eliminate
hassles, and ensure your employee benefit plans are consistent with current
COBRA regulations and requirements. COBRA administration is only available
for Wellmark Blue Cross and Blue Shield products.
How It Works
Wellmark takes the hassle out of COBRA administration for you by:
- Providing COBRA notices for group distribution to covered employees
and new enrollees as an initial notice and to qualified beneficiaries
at the time of a COBRA qualifying event.
- Assisting with COBRA questions and issues.
- Providing customized COBRA election forms for group distribution at
the time of a COBRA qualifying event.
- Handling all premium billing and collection, including invoicing COBRA
participants and tracking payments.
- Sending rate change letters to COBRA participants or notifying COBRA-qualified
beneficiaries of options available during open enrollment or re-enrollment.
- Tracking eligibility and handling the required participant notification
during the final 180 days of coverage.
Highlights
- Expert guidance. Wellmark’s experienced staff stays informed
on the legislation and rules that govern COBRA, so you have an expert
team ready to assist with any COBRA issues or questions.
- Convenience. You benefit from having your COBRA administration
and health insurance with one company. Wellmark works directly with participants
who elect COBRA coverage, saving you time.
- Competitive pricing. Wellmark’s COBRA administration services
are affordably priced to meet your needs and budgets.
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