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COBRA / State Continuation Extended To All Group Health Insurance Clients

With new benefit laws and changing compliance requirements, employers are left with the risk of fines, penalties, and litigation. As your benefits broker, Patrick M Kuster feels it is his duty to provide you with the services you need to seamlessly continue offering your employee benefits while reducing your administrative burdens.

As a result of this turbulent environment, Patrick M Kuster will be filling in some of the administrative gaps that many health insurance companies have not made a priority. In accordance with New York State Insurance Law § 4224, and N.J.S.A. 17:29A-15; 17:29AA-14; and 17B:30-13; and N.J.A.C. 11:17A-2.3 and 2.4, Patrick M Kuster has contracted a third party administrator (TPA) to extend ALL group health insurance clients with COBRA / State Continuation administration services at his cost. This includes the Notice of COBRA Availability, election notices, Initial COBRA rights notice, as well as premium collection and billing notifications. Patrick has also been working with the TPA to incorporate the required Exchange Notification (Notice to Employees of Coverage Options) and the Summary of Benefits and Coverage (SBCs) to the services which will be fulfilled at his cost.

 

Disclosure: Patrick M Kuster, makes no warranties or representations as to the accuracy and completeness of the information contained in this document, including any related articles, newsletters, or other publications. This material does not constitute tax or legal advice. Patrick Kuster does not render tax or legal advice. The information contained herein is provided for the convenience of the recipient without any warranty of any kind, express or implied, and is not intended to provide specific advice or recommendations for any individual or entity. The information contained herein should not be the sole source for legal disclosure decisions. Consult with your legal advisors before making any decisions.