COBRA Administration
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.