COBRA and HIPAA Administration

Compliance issues, such as the Consolidated Omnibus Budget Reconciliation Act (COBRA) and the Health Insurance Portability and Accountability Act (HIPAA) are an imperative consideration for your business. SAS is prepared to assist you with these issues.

COBRA AND HIPAA:

All COBRA compliance activities are managed in-house under the supervision of a Certified COBRA Administrator. COBRA / HIPAA Administration Services are available either alone or in conjunction with TPA services.

Our Services Include:

• Record keeping
• Qualifying Event notification
• Invoicing and premium collection
• Consolidated monthly premium check
• Initial notification letters
• Women’s Health and Cancer Rights Act notification
• Open and annual enrollment
• Disability extensions
• Ineligibility determination
• Medicare or other coverage eligibility
• Certificates of Credible Coverage
• Cost-containment services
• Reports to employer
• Courtesy reminder letters
• Termination letters
• Participant inquiries

Statistics indicate that as many as 95% of companies may not be in compliance with COBRA regulations. The increasingly dynamic nature of all the various regulatory requirements places companies in a very precarious situation. Both employers and insurers/administrators are bound by these strict regulations, which carry substantial penalties if not followed. SAS stays abreast of case law determinations, regulatory changes, and compliance procedures in order to assist your company with regulatory requirements of:

• State and Federal Legislation
• The Internal Revenue Service
• The Department of Labor
• The Department of Health and Human Services
• Other regulatory agencies