Is your company COBRA compliant? Do your COBRA administration processes include sending all 25 written notices and tracking all 29 possible dates for each employee? Does your employer have proof, including copies, that Initial Notices and Election Notices were mailed?
A serious exposure risk for employers is not being COBRA compliant. Th e increasing number of COBRA lawsuits is staggering. Businesses that cannot keep up with each new COBRA regulation are paying for it with exorbitant settlements.