Miamisburg, Ohio (PressExposure) August 26, 2009 -- COBRA outsourcing is becoming an increasingly popular trend for companies concerned about keeping up with new regulations. myCobraPlan is a company of professionals who specialize in handling COBRA administration so that their clients can focus on the goals of their organization.
COBRA outsourcing consists of trusting an outside provider with all of the obligations for adhering to the strict COBRA regulations. myCobraPlan assigns an employee to be specifically responsible for each client's account. They also offer clients access to their online profile at all hours of the day and supply detailed instructions for adding new members or new beneficiaries.
There are several advantages to this internet based system. The first of these is that there is no software that must be installed on the clients computers so there can be no issues of computer capacity or errors in configuration. Furthermore, the system can be updated by myCobraPlan in order to account for any new changes to the regulations without the need to reinstall or recalibrate programs on client computers.
COBRA outsourcing is becoming a preferred choice for employers because it is so difficult to stay current with the rules and regulations while pursuing the revenue producing goals of the company. myCobraPlan's services include helping employers to identifying which of their employees is eligible, keeping track of the many notices that must be sent out according to a specific timeline, and answering any questions that may arise in the course of dealing with COBRA compliance and management of employee benefits.