Federal and state law requires employers to offer continued health coverage to their employees and their spouses as well as dependents should their employer-provided coverage cease. Univest Insurance offers COBRA administration and premium collection services through a trusted and experienced third-party administrator enabling you to have guaranteed compliance with the laws. COBRA administration adds value to your organization with benefits such as accurate, up-to-date notices and access to the best COBRA technical advice and resources available, in addition to the following.
- Reduced liability exposure
- Tracking of initial and Qualifying Notices to ensure timely delivery
- Processed elections and collected premiums on time, every time
- Terminations handled promptly and accurately
Insurance products are offered through Univest Insurance, Inc. and are obligations of the issuing insurance companies, are not obligations or deposits of or guaranteed by any bank and are not insured by the FDIC or any other agency of the United States. Insurance products are not a condition to any bank loan, product or service. Univest Insurance, Inc. is a licensed subsidiary of Univest Corporation of Pennsylvania.