A national, diversified health care organization reduced costs and ensured compliance by partnering with Lifetime Benefit Solutions for COBRA .
A national, diversified health care organization reduced costs and ensured compliance by partnering with Lifetime Benefit Solutions for COBRA .
1 Pages1-800-356-1029 LifetimeBenefitSolutions.com Results • Significantly impr oved tr acking capabilities, which helped achieve and maintain compliance with C OBRA rules and r egula tions. • Saved an estima ted $2.8M per ye ar by dissolving their internal C OBRA depar tment and avoided fines and fees tha t r esulted fr om compliance issues. • Impr oved quality in the services they deliver ed to their customers by r eplacing an antiqua ted manual system with automa ted electr onic pr ocesses. Challenge T he company had an internal C OBRA depar tment with 52 employees. It faced thr ee main issues: 1) T heir costs wer e unusually high because their antiqua ted system r equir ed manual pr ocessing; 2) T her e wer e compliance issues tha t r esulted in fines b
