What is Cobra WageWorks?
In respect to this, what is ADP Cobra?
ADP COBRA manages notice requirements, participant elections, premium payments, and associated grace periods. Separation – When an employee is terminated, ADP removes that employee from the payroll system on the termination effective date you've specified.
Also, how do I make a Cobra payment? To do so, visit cobra.healthequity.com and create a new registration using the code that was sent in your COBRA Election Notice. Click the 'New User Registration' button to begin the process. Once registered on the portal, you can view payment deadlines and make a payment via credit/debit card or bank transfer.
Thereof, how does Cobra open enrollment work?
COBRA Open Enrollment will begin at some point before a new plan year starts but may continue up to 30 days after the effective date of the plan. This means an individual will have until January 30 to elect and/or change coverage in the plan beginning on January 1.
What does a cobra administrator do?
COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985) is a federal law that requires employers of 20 or more employees who offer health care benefits to offer the option of continuing this coverage to individuals who would otherwise lose their benefits due to termination of employment, reduction in hours or