Understanding COBRA Management

The system searches the database for COBRA qualifying events that you define and identifies those employees and dependents who are eligible for COBRA benefits. When these qualified beneficiaries are identified, you can retrieve data through the COBRA pages and track the qualifying event, the calculated coverage begin and end dates, and COBRA status for each beneficiary. You can also enter health and flexible spending account (FSA) benefit elections.

To administer COBRA:

1. Perform PeopleSoft HR functions as usual.

   For example, terminate employees, retire employees, and record marital status changes. These functions trigger COBRA activity.

2. Run the COBRA process to identify qualifying events and beneficiaries.

3. Generate COBRA notification letters and enrollment forms.

4. Enter COBRA elections or coverage waivers.

5. Manage COBRA benefits for nonemployee COBRA beneficiaries and their dependents.

6. Terminate COBRA enrollment for beneficiaries who lose their coverage due to lack of payment or voluntary termination.