Professional Insurance & Financial Services Information

Professional Insurance and Financial Services partners with the leading COBRA and HIPAA administrators to provide these services to our clients. We provide complete administration of COBRA continuation of coverage requirements for employers to include the initial notification of COBRA rights to participants when they first become covered under the health plan. When a participant in the health plan has a qualifying event as defined in the regulations, the employer will notify our office. We provide the required notifications to the former participant and process the subsequent enrollment to continue the coverage with the plan. At the time of termination, we also provide the participant with a Certificate of Coverage as required by HIPAA. We provide notification of termination of coverage to the participant and the health plan provider at the end of eligibility for the COBRA continuation of coverage, along with a second Certificate of Coverage as required by HIPAA. Certificates of coverage records are maintained for the full two-year period required and we provide all subsequent Certificates as participants and former participants request them.