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What is myCobraPlan?

myCobraPlan delivers a remarkably user-friendly and comprehensive administration solution that differentiates itself in the industry. This platform functions as a fully automated web-based tool, allowing easy access to all relevant COBRA information. By removing the need for paper forms for submissions concerning COBRA-eligible individuals, myCobraPlan provides instant visibility into your organization's data. Furthermore, it ensures smooth compliance with all required notifications. Depending on the circumstances, the necessary notification will be sent to either the qualified beneficiary or the new plan participant. The management of your organization’s COBRA benefits compliance is carefully handled by our administrators and is seamlessly integrated into our automated system. With myCobraPlan, you can securely and conveniently access all your information from any location at any time. This high level of accessibility guarantees that you remain well-informed about your COBRA administration requirements. In addition, myCobraPlan’s user-friendly interface simplifies the overall management process, making it easier for organizations to navigate their COBRA responsibilities efficiently.

What is The Plan Administrator?

The Third-Party Administrator (TPA) is a comprehensive platform designed for managing group enrollments, eligibility verification, and streamlined billing processes. It includes a centralized repository that holds all essential data related to clients, participants, their dependents, various coverage options, and pricing structures. The system consolidates all plans into a singular billing statement while enabling electronic eligibility reporting and facilitating online enrollment. Automatic rate calculations are performed based on several variables, including age, tenure, and health risk evaluations. Users have the flexibility to choose between summary billing and detailed name list formats, and the platform supports straightforward data import and export in formats like CSV, composite files, or ODBC/SQL. With the addition of the CSPWeb module, users can access the system online, which significantly enhances its web capabilities. Furthermore, it automates all facets of COBRA administration, overseeing everything from notifications to the transition processes. Its premium accounting features are robust, efficiently handling various payment types, including advance, partial, retroactive payments, and NSF checks. The system integrates effortlessly with other software applications, utilizing ASCII, CSV, composite files, or ODBC/SQL for smooth connectivity. This solution, trusted by many of the largest administrators nationwide since COBRA's inception, has a strong track record with over 25 years of demonstrated success in the industry. Given its extensive functionality and dependability, it remains an indispensable asset for effective plan administration, ensuring that organizations can manage their employee benefits with confidence and efficiency.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

myCobraPlan

Company Location

United States

Company Website

www.mycobraplan.com/outsource-your-cobra-administration/mycobraplans-cobra-administration-software/

Company Facts

Organization Name

Benefit Plan Systems

Company Website

www.bencorp.com/index.html

Categories and Features

Benefits Administration

COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

Categories and Features

Benefits Administration

COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

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