COBRA Services
Pursuant to a signed COBRA Services Agreement, the COBRA Division provides COBRA administration services including issuance of all required COBRA notifications, billing, collection and eligibility maintenance. HIPAA Creditable Coverage Certificates are issued and included with the COBRA Election Notice mailing. All COBRA notices are sent via proof of mailing through the post office.
Health Reimbursement Account (HRA) |
| An HRA is an employer funded reimbursement plan. Health & Welfare dollars as part of Federal and State Prevailing Wage Laws can be contributed to an HRA because these fringe benefit dollars are considered as employer contributions. |
The advantages of an HRA are: |
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Contributions that employers make to an HRA can be excluded from employees’ gross income. |
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An HRA can allow unused benefits to roll over from year to year. |
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Employees’ accounts can be funded on a monthly basis. |
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Benefits are limited to the amount of money in an employee account. |
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Fringe dollars used as part of a HRA plan are excluded from employer payroll taxes and Worker’s Compensation premiums. |
Debit Card
ConnectXpress is the premier Debit card for employers that want their employees to have the best benefits with the easiest access. The card eliminates the need for employees to pay cash for eligible services by accessing funds at the point of service.
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