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THIRD PARTY ADMINISTRATION


COBRA Administration

COBRA administration is a complex process governed by constantly changing rules and regulations. Virtually every aspect of COBRA is extremely time-sensitive, so prompt and appropriate actions are critical. Potomac can take the worry out of COBRA administration by providing comprehensive, efficient, and compliant administration.

Potomac will:
• Assume liability for client COBRA administration procedures
• Send COBRA notification packets to "qualified beneficiaries"
• Communicate with employer and "qualified beneficiaries"
• Send election notices
• Provide premium payment coupons
• Send insurance payments and reports to employers
• Send late payment notices
• Manage grace periods for timely notifications
• Handle dependent communications
• Provide telephone support for COBRA participants and clients
• Determine if there's been a "Qualifying Event"
• Send expiration of coverage notices 



Links:

  Downloadable FLEX forms
• Customer Service email link – flex@potomacco.com

*NOTE: For existing FLEX plan members only!



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The Financial Consultants of Potomac Financial Management, LLC, are registered representatives with and securities are
offered through LPL Financial, Member FINRA/SIPC.

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