COBRA Administration

Under COBRA, employees and their covered family members can elect a temporary extension of their health benefits in certain instances where their group coverage would normally end. This extended coverage can last from 18 to 36 months, depending on the event. For employers with 20 or more employees, complying with COBRA regulations can be an administrative burden.

Outsourcing your COBRA Compliance program is a smart business decision. lowering the risk of a potential error.  We provide comprehensive COBRA administration; this includes all necessary COBRA election notifications.

Flexible Spending Accounts
FMG can assist in increasing the current participation through directed employee communications that outline the tax advantages of participating in a FSA. Increased participation would not only give more employees tax advantages but would also provide the employer cost savings by reducing the taxable payroll. In addition, FMG would look at alternate administrators that offer a FSA Debit Card. The Debit Card works like a Credit Card and provides employees with the convenience of not having any up front out-of-pocket expenses and waiting for reimbursement.

Please contact us and we will help with coordinating the administration and implementation of such plans

For more information contact us.