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      How to -- Configure COBRA Plans

      Purpose Statement 

      This document outlines how to setup COBRA benefit plans that will allow a qualifying event to be attached to the plan. This option is useful for carrier integrations, including Everything Benefits.

      Deduction Code Setup

      In order for the COBRA benefit to be successful, you must first create the correct deduction code for the plan

      1. Under Company Settings>Payroll Setup>Deduction Codes, click the “add new” button
      2. Choose one of the following Rollup options: (CobraCredit, CobraCredit Agriculture)

      Benefit Type Setup

      Once you have created the new COBRA deduction code, you must create a new benefit plan type to accommodate.

      1. Company Settings>Profiles/Policies>Benefits>Types and click “Add New”
        1. Name your benefit type
        1. In the “Base Type” dropdown, choose “Health”
        2. In the plan type dropdown, select Cobra
        1. Save your changes

      Benefit Plan Setup

      After you have created the appropriate deduction code and benefit type, you can create your COBRA plan

      1. Under Company Settings> Profiles/Policies>Benefits>Plans Click “Add New Plan”
      2. In the plan type dropdown, choose your newly created Cobra benefit type
      3. Populate additional fields as needed per plan requirements, attaching newly created deduction code to plan once created.
      4. Repeat process as needed to create any Cobra plans required

      Benefit Plan Enrollment

      You are ready to enroll a participant in the plan.

      1. You may either enroll via import, the employee’s HR tab or can go to My Employees>Benefits>Benefits Plans and click the “Add new employee benefit plan” option
      2. Once enrolled, you will see this screen: 
      3. The Cobra Settings Widget will display a dropdown menu of qualifying events, along with a date field. Please note that the list contained within the qualifying event dropdown is not modifiable, nor can it be made required. The options available in the drop down are as follows:
      • Bankruptcy of Retired Employee
      • Death
      • Divorce
      • Ineligible Child
      • Layoff
      • Leave of Absence
      • Medicare
      • Reduction of Work Hours
      • Separation
      • Termination of Employment