COBRA Outsourcing Company
COBRA Outsourcing Company
According to the IRS, 95% of companies in the United States are non-compliant with COBRA regulations. The penalties for non-compliance with regulations can be disastrous for businesses of any size. Charles D. Spencer & Associates estimate that the average cost to defend a COBRA compliance case is $40,000, NOT including uninsured medical expenses. Companies with group benefit plans need to be aware of these risks to manage them. Outsourcing COBRA administration is a viable solution.
Founded in 1996, COBRA Outsourcing Company (“COCO”) has grown into a leading administrator of COBRA total compliance for employers of all sizes across the nation. Industry professionals, insurance brokers, clients and competitors alike attribute COCO’s steady growth to four simple key business advantages:
- Personalized and dedicated service to our valued client
- Company built by HR professionals
- Unified Team approach
- Continual reinvestment in the company’s technology and staff resources
