IAS COBRA system uses state-of-the-art technology to administer the full spectrum of administrative functions required by the health benefit continuation provisions of COBRA. We utilize Enterprise level intergraded systems, which allow large amounts of COBRA information to be entered, stored and processed; automatically generating all COBRA notices, premium invoices and premium collection reports.

• Access to an Account Management Team cross-trained in all aspects of COBRA administration
• Notice to the COBRA beneficiary and dependents of his/her COBRA rights via First Class Mail
• Collection and processing of COBRA participant enrollments
• Collection of COBRA premiums
• Remittance of net premiums (100% of the group rate– Igoe Administrative Services retains the 2% surcharge and retains the Administration charges) to the employer monthly
• Mailing of all necessary participant communications (enrollment confirmation, payment coupons, benefit/rate change notices, coverage termination and HIPAA Certificate of Coverage
• Monthly reporting of all COBRA activity (notices mailed, participant terminations, premium reconciliation, enrollment by benefit plan, participant history etc.) are posted online.

The Consolidated Omnibus Budget Reconciliation Act is a very complex piece of legislation that creates significant administrative challenges for employers of all sizes. The IRS and DOL can evoke severe penalties for non-compliance and expose companies to unnecessary litigation. Igoe’s systems were created with this in mind. Every step of the COBRA administrative process is monitored, achieved, and available

• Abide by Federal COBRA timelines
• Track all necessary information in regards to COBRA
• Electronically archive all notifications and COBRA participant correspondence
• Issue necessary notices, including:
• Initial rights
• Qualifying Event
• HIPAA certificate
• Notice of Unavailability
• End of coverage