Introduction:
The temporary pause on COBRA payments and timeframes, which was extended during the COVID-19 National Emergency, came to an end on July 10, 2023. From this date onwards, the previously tolled COBRA election, payment, and extended timeframes that began in 2020 will no longer be in effect.
Over three years ago, the President declared a COVID-19 National Emergency, resulting in the suspension of certain COBRA payment, notice, and election deadlines. Eligible individuals were granted additional time to elect and pay for COBRA continuation coverage. Now that the COVID-19 National Emergency is over, the pause on COBRA election and payment timeframes is also concluding.
It's important to note that the tolling of COBRA timeframes will not extend beyond July 10, 2023. On this date, COBRA timeframes will revert back to the pre-pandemic rules.
If you rely on BAS' Cobra Control Services, LLC for your COBRA administration, rest assured that we have you covered. CCS will make the necessary modifications to Qualifying Event letters, Non-Payment letters, and End of Election Period letters, ensuring that they reflect the accurate COBRA timeframes. In addition, CCS will send a one-time letter to individuals in their COBRA election period and those in active COBRA who have missed their payments, providing them with the revised election and payment due dates.
If you have any inquiries regarding the COBRA timeframes or the communications that will be mailed to your continuants, don't hesitate to reach out to Cobra Control Services. You can contact us via email at service@CobraControl.com or by phone at 1.888.887.6187.
Conclusion:
Stay compliant and be proactive in managing COBRA regulations. Trust Cobra Control Services to ensure a seamless transition as COBRA timeframes restart, allowing you to focus on what matters most – your employees' well-being.
Benefit Allocation Systems (BAS) provides best-in class, online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 can Integrate with any insurance carrier for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and many others), and integrate with any payroll system for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and many others).
