COBRA LAWS require all businesses with 20 or more employees who provide Employee Benefits to offer extended coverages to all employees who are terminated, retire, or become deceased.
United Agencies provides complete "third party" administration of the complex regulations that surround these laws, and removes you from all contact with your prior employees.
This is a FREE SERVICE provided to all of UA's Employee Benefits Customers.
For more information, check out our Brochure, or:
- Send a request by email,
or
- Call Jeff Gelineau @ (800) 800-5880 Ext. 202
Download the NEW Administration Guide - Contains important information
on the new American Recovery Act Premium Reductions
Add a Newly Covered Employee
or DOWNLOAD
the pdf Form
Report a Qualifying Event
or DOWNLOAD
the pdf Form
NEW COBRA LAWS EFFECTIVE 02/17/09!
Part of the historic American Recovery and Reinvestment Act of February
17, 2009 implemented sweeping changes to COBRA.
There are numerous details about how these changes affect Employers and Employees, but here are some of the highlights:
- Employees terminated between 09/01/08 and 12/31/09 will be offered
a 65% Reduction in their COBRA Premiums for NINE (9) Months.
- These reduced premiums will begin on 03/01/09, and there will be a new
Eligibility Period for any employee terminated after 09/01/08 who previously
did not choose COBRA.
- This only applies to employee who were terminated, not to those who
quit, retired, or had their hours reduced.
- Employers will receive a Credit on their Form 941 Quarterly Tax Return
for the 65% of the Premiums that they are crediting the Employee.
For the most current information on these changes, please refer to:
- DOL Website
- FAQ's
about COBRA
- IRS
Website - NEW Form 941 - Quarterly Tax Return
