COBRA/HIPAA Administration and How AmeriFlex's Mongoose® Solution can help...
COBRA requirements are much more complicated than many employers realize. They can expose employers to costly penalties and liabilities. Furthermore, based on new regulations, ERISA now expressly imposes personal liability on the plan administrator for violations of COBRA notification requirements. And, when delegating the COBRA notice duty to an independent third-party administrator (TPA), it is important to be sure that applicable contracts have the appropriate indemnification provisions. AmeriFlex assumes this liability with the support of appropriate Errors & Omissions coverage.
Outsourcing COBRA/HIPAA administration relieves your company of burdensome tracking, notification, and billing processes. AmeriFlex's system delivers a fast, highly automated, easy-to-use, cost-effective method for administration and compliance of your COBRA/HIPAA obligations.
Our COBRA/HIPAA administration procedures and practices allow fair and equal treatment for all COBRA/HIPAA qualified beneficiaries and continuants. We also provide a buffer between the former employee and employer for difficult COBRA determinations.
Simply put, by selecting AmeriFlex's Mongoose® as your outsourced COBRA solution, you are designating AmeriFlex as your "plan administrator" and shifting all responsibilities and liabilities for COBRA administration and compliance to us.
Many of our clients enjoy the protections of Ameriflex's Mongoose® COBRA/HIPAA administration as part of their service package with EMA Group Inc. at no additional charge.
Just another good reason to have EMA Group Inc as your benefit broker!!
