Introduction

Welcome to the MGIS administration platform. This utility is quick and easy, the Services are described below. The next screen will show you packages and pricing available to you as a customer of MGIS. We believe that we have created a tremendous value for our customers and are sure that you will agree.

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COBRA Administration and CobraTrak™

Is your organization required to offer COBRA to employees?  Did you know that COBRA penalties can be up to $100 per day with a $2,500 minimum fine?  Are you in compliance?  MGIS is proud to offer the most reliable, sophisticated, and affordable COBRA management tool available.  This is an incredible value to our members and affiliates.

We are excited to bring you CobraTrak™, the most advanced COBRA Administration solution available.  CobraTrak™ is an automated web-based system available to MGIS affiliates to ensure that COBRA compliance is consistent, accessible, and affordable.

CobraTrak™ features include:

Tracking
CobraTrak™ maintains all employee information required for COBRA compliance in one convenient system allowing instant access to timely reports including:
  • COBRA Eligibility
  • COBRA Notifications Mailed with US Postal Service Proof of Mailing
  • Elections Received and Processed On-line or US Mail
  • Premiums Collected, Payment Deadlines, and History
  • Proof of Mailing -- Every COBRA Related Document Mailed

Notifications
Based on the employee benefits and related information you provide, the CobraTrak™ system sends:
  • Initial COBRA notifications to employees and dependents upon inception of coverage
  • COBRA Information Packets (CIPs) - Qualifying event notifications and election forms to employees and dependents upon the occurrence of a COBRA-qualifying event
  • Qualifying event verification to you and to your insurance carriers via facsimile and/or email, to help avoid unnecessary claims payment
  • Premium Invoices to COBRA Participants
  • Detailed Premium Remittance Reports and Scheduled Remittance

Ongoing Administration
Your ongoing compliance with COBRA regulations is worry-free.  CobraTrak™ and its companion site MyCobraInfo™ for our COBRA eligible participants makes it easy:
  • Automated management of participant data as required by law
  • Automated mailing of HIPAA Certificates of Creditable Coverage to participants upon termination of coverage and upon termination of continuation coverage
  • Full-service administration of COBRA continues, including premium collection of payments and remittance
  • Automated monitoring of timely receipt of elections and premium payments
  • Manages timelines and requirements for continued participation
  • Dedicated participant services web interface, toll free phone support, and service personnel to facilitate and serve COBRA eligible participants
  • Collect and maintain detailed digital images of participant related correspondence to make participant's files readily available

COBRA Compliance at your fingertips
Access to your account information - CobraTrak™'s secure, web-based system allows authorized access to your information, anytime, anywhere.

Maintenance and Installation-Free - CobraTrak™ is an outsourced solution, residing on our secure dedicated servers, so there is no software to install or upgrade.

Simplified Data Submission - Need to enter or update employee information?  Data can be submitted electronically through secure file transfers to the CobraTrak™ platform.

Toll-Free Phone and Web Support - You're always within easy contact with our knowledgeable customer service representatives.  Customers rave about our Humanly-Staffed, Dedicated LiveChat support that provides answers "clickly" to make the best use of thier time.

Risk Management - CobraTrak™ assures consistent adjudication of your empoyees' COBRA eligibility and participation.  CobraTrak™ maintains your records in compliance with the law - so that you can focus on your business.