COBRA, The Consolidated Omnibus Budget Reconciliation Act of 1985, is a federal regulation that allows certain employees the ability to temporarily keep health coverage after employment ends if the employee lost coverage as a dependent of the covered employee or another qualifying event. If you elect COBRA coverage, you pay 100% of the premiums including the share the employer used to pay, plus a small administrative fee.

COBRA requires employers to offer certain employees and their qualified beneficiaries the option to continue their group health insurance coverage following termination, loss of hours, or other qualifying events.

HIPAA, The Health and Insurance Portability and Accountability Act of 1996, protects health insurance coverage for workers and their families when they change or lose their jobs. HIPAA also protects the security and privacy of health data. HCBR Group maintains compliance with HIPAA regulations.

Let our Benefits Specialists at HCBR Group take care of ensuring that your organization is in complete compliance with federal mandated laws and requirements. Our Benefits Specialists will take care of issuing notifications, correspondence, election packs, and COBRA termination notices; maintain qualifying events and HIPAA loss-of-coverage data; and process election forms and maintain COBRA administrative requirements.