[Newport Beach, 6/6/2017] – Proview Global is one of the leading business process outsourcing companies in the Philippines. One of its offerings is outsourced Consolidated Omnibus Budget Reconciliation Act (COBRA) administration services for US-based companies.
Since 1986, COBRA has enabled former employees, retirees, and their qualified dependents to obtain continuing health insurance coverage at group rates. But, not all former employees are eligible for COBRA benefits.
To qualify for COBRA, the applicant’s former employer must be a state or local government agency or a private company with more than 20 full-time employees. Once found eligible, the former employee will receive the same health coverage that his or her past company offers to its current workers, but at a more expensive price. Of course, the former employer will no longer subsidize a part of the cost of the health plan.
Employers with former employees who qualify for COBRA face the challenges of monitoring these sort of special employee coverage accounts. When they change health insurance plans for their current employees, for instance, they need to provide the new plan to the COBRA- qualified former employees, as well.
Proview Global makes COBRA administration simpler and easier for US-based companies. With its team of COBRA-certified processors and managers, it can deliver reliable outsourced COBRA administration services that include:
• Employer plan set-up
• Paperless COBRA enrollment and termination processing
• Production of monthly COBRA reports for employers
• Creation of General Notice, Qualifying COBRA Election Notice, and other COBRA-related notices.
• COBRA system conversion assistance
Having an in-house team to handle the benefits administration of the employees and former COBRA-qualified employees could be costly. With Proview Global’s outsourced services, companies can reduce overhead costs and get a better output as the BPO’s team is comprised of COBRA-certified professionals.
Proview Global operates in Pasig City, Manila, but it has employed the latest technologies to deliver quality services despite geographical barriers.
About Proview Global
With more than 50 years of collective experience, Proview Global is a US owned company that operates as a business process outsourcing company in the Philippines. It provides US-based companies with employee benefits administration services and data management.
For more information about Proview Global and its services, visit http://www.proviewglobal.com/find-solutions/fsa-administration