| Boon-Chapman
has been active in the administration of COBRA since 1985. Our
standard program includes sending notification letters, tracking
COBRA time limits, billing and collection of funds. Our claims
system interfaces with this service to prevent payment of claims
unless funding is current. As an alternative to our full service
program, we can provide billing and collection on a per occurrence
basis. COBRA administration includes all notifications required
by law, paid premium tracking, premium acceptance, deposits
and reports.
It is our intent to keep the client informed about the status
of their participants, therefore, COBRA reports are sent to
each group monthly. These reports include a voucher listing
each participant's payment, an enrolled status report listing
enrolled and pending qualified beneficiaries and the event
date, term date and paid through date, if applicable.
In addition, we will issue Certificates of Creditable Coverage
as required by the Health Insurance Portability and Accountability
Act of 1996 ("HIPAA"). We offer both of these services
to our self-funded clients as well as on a stand-alone basis.
|
