A Hassle-Free COBRA Solution
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COBRA administration can be a significant drain on your internal resources. Factor in the consequences of non-compliance, and it’s easy to understand why employers turn to NueSynergy to manage this burdensome administrative task.
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We’re here to help you comply with confidence.
The law identifies four distinct groups who are COBRA eligible:
- Employees and their families who lose coverage because of a covered employee’s termination or reduction in hours
- Dependent children who lose coverage once they exceed the plan’s age limit for eligibility
- Spouses and dependent children who lose coverage as a result of divorce, legal separation or death of a covered employee
- Spouses and dependent children who lose group coverage because the covered employee became entitled to Medicare
In certain cases involving bankruptcy of the employer, COBRA coverage may even be available for retired employees, their spouses and dependent children.
- Be enrolled in a group health plan whose sponsoring employer has over 20 employees
- Experience a qualifying event
- Or must be a qualified beneficiary of the person experiencing the qualifying event
- Participating employees, including part-time employees
- Their spouses
- Their dependents
- Retirees (unless they are eligible for Medicare)
- Partners in a partnership
- An employee who is not yet eligible for your group health plan
- An eligible employee who declined to participate in your group health plan
- An individual who is enrolled for benefits under Medicare