Offering end-to-end solutions
The Consolidated Omnibus Budget Reconciliation Act, known as “COBRA,” is a federal law formed in 1986 that provides continuing coverage of group health benefits to employees and their families upon certain qualifying events where such coverage would otherwise be terminated. The qualifying events under which COBRA continuation health coverage can be extended include voluntary or involuntary job loss, reduction in hours worked, death, divorce and other life events. Group coverage under COBRA may be extended for a maximum of 18 months due to termination of employment or reduction of hours worked, though coverage may be prolonged to 36 months under certain circumstances. COBRA covers health plans maintained by employers with more than 20 employees.
We’ve partnered with HealthEquity|WageWorks, a leader with expertise in COBRA administration and an innovative technology platform, to administer your company’s COBRA. Based on eligibility, your employer group may qualify for COBRA administration at no extra cost or for preferred pricing if you choose HealthEquity|WageWorks.
To learn more about HealthEquity|WageWorks’ COBRA administration services, including service features and capabilities, as well as service fees:
Louisiana Blue offers groups multiple solutions for their employees’ savings and spendings needs. To learn more about these solutions, click here.
**HealthEquity|WageWorks is an independent company that offers COBRA administration. This is not a Blue Cross and Blue Shield of Louisiana product or service. HealthEquity|WageWorks is solely responsible for the services it provides.