COBRA Administration

The Consolidated Omnibus Budget Reconciliation Act of 1985, more commonly known as COBRA, is a federal regulation that requires employers to offer certain employees and their qualified beneficiaries the option to continue their group health insurance coverage following termination, loss of hours, or other qualifying events.

You may be required to offer COBRA coverage if your business:

  • Offers group health plans to its employees, and
  • Has had 20 or more employees during at least half of the typical working days in the previous calendar year.

Easy COBRA Plan Management with Payroll Integration

Our administration service integrates COBRA with your Paychex Payroll to reduce associated administrative tasks and paperwork. Lessen the paperwork burden even more and offer group health insurance through Paychex Insurance Agency.

Best Value!
Task

Paychex COBRA Administration

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Paychex Payroll

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Group Health Insurance (via Paychex Insurance Agency)

Paychex COBRA Administration

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Paychex Payroll

Paychex COBRA Administration

Receive help starting and maintaining a program, or managing your existing program

included included included

Send timely notices to qualified employees

included included included

Receive and remit participant payments

included included included

Receive help complying with COBRA-mandated programs

included included included

Send request for initial COBRA notice for new hires

included included

Send request for COBRA notice upon termination

included included

Track new-hire eligibility

included

Remove terminated employees from coverage

included

Communicate enrollments and terminations to the carrier

included

Make premium payments on time*

included

*Availability depends on carrier selection.

Insurance offered through Paychex Insurance Agency, Inc., 150 Sawgrass Dr., Rochester, NY 14620. CA license #0C28207.

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