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May 23, 2006 - COBRA Solutions Launches BLOG
The "2006 State of Corporate Blogging," conducted by Harris Interactive,
and sponsored by Makovsky + Company, found that Fortune 1000 business
executives are reacting slowly to the idea of corporate blogs as a
communications medium.
Not so, at Cobra Solutions! Today we are launching a blog that we hope
will be of value to our customers and businesses across the U.S. as they
grapple with the ins and outs of COBRA administration. As new
developments arise, we will share those, as well as our thoughts and
opinions!
Visit our Blog
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Tempe, AZ, December 14, 2005 – COBRA Solutions, Inc.,
a leader in Employee Benefits software, announced today the release of
version 4.x of Cafeteria Plan Manager software. Cafeteria Plan Manager
is designed for employers and Certified Public Accountants who perform
Cafeteria Plan Administration.
Version 4.x includes the option for plan
administrators to design their Cafeteria Plans so that participants can
be reimbursed for claims incurred up to 2½ months after the close of the
plan year. The 2½ month grace period, announced by the IRS on May 18,
2005, is designed to give workers with Flexible Spending Accounts more
time to pay for medical and dependent care expenses and will ease the
year-end spending rush prompted by the prior rule.
“In addition to the new optional 2½ month grace
period, we have included several exciting upgrades to the software.”
said Mark Seckinger, Vice President of Business Development for COBRA
Solutions, Inc. “Other upgrades include an optional employer
contribution feature and the capability to save statements and reports
as PDF files. Effective immediately version 4.x is available to current
customers as a downloadable update from our corporate Web site
www.cobrasolutions.com.”
“Having the option to include the new 2½ month grace
period as well as optional employer contributions for my clients is a
big plus.” said user Robert D. Wilmot, CEBS, President of Jacksonville,
FL-based Data Research Consultants, Inc. “In addition to the flexibility
of the software, the technical support is wonderful, and I receive the
updates immediately when they become available.” added Wilmot.
“By using Cafeteria Plan Manager, employers and
Certified Public Accountants have access to a low-cost, easy-to-use
software program for Cafeteria Plan Administration.” Seckinger added: “A
free 60-day downloadable demonstration version of the software is
available from our Web site for any employer considering the
implementation of our Cafeteria Plan Administration software.” (link)
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TEMPE, Ariz., June 30 /PRNewswire/
-- COBRA Solutions, Inc., a leader in
COBRA compliance software, announced today the release of version 10.x
of
COBRA Administration Manager software. COBRA Administration Manager is
designed for employers with 20 or more employees who self-administer
COBRA.
Version 10.x includes changes to the HIPAA
Certificate of Creditable
Coverage based on the final and proposed changes to HIPAA portability
regulations announced by the U.S. Department of Labor. The final HIPAA
regulations are effective for plan years beginning on or after July 1,
2005 or
January 1, 2006 for calendar plan years.
"In addition to the standardized HIPAA Certificate of
Creditable Coverage,
we have included several exciting upgrades to the software," said Mark
Seckinger, Vice President of Business Development for COBRA Solutions,
Inc.
"Some of the upgrades include Spanish-language notifications, a new
graphical
user interface and the capability to save letters and reports as PDF
files.
Effective immediately, version 10.x is available to current customers as
a
downloadable update from our corporate Web site."
"Not having to track and follow all of the ongoing
changes with COBRA and
HIPAA, such as the new HIPAA Certificate of Creditable Coverage, is a
big plus
with COBRA Administration Manager. I know the system is always
up-to-date and
in compliance," said user Rob Richman, Account Manager of Philadelphia,
PA-based Leon L. Levy & Associates. "In addition to the ease-of-use and
outstanding technical support, I especially like the fact that the
letters are
updated automatically," added Richman.
"By using COBRA Administration Manager, employers can
focus on their core
business rather than tracking complex Federal legislation." Seckinger
added:
"A free 60-day downloadable demonstration version of the software is
available
from our Web site for any employer considering the implementation of our
COBRA
compliance software." (link)
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January 15, 2004 – COBRA Solutions, Inc. today
announced the release of the latest version (8.0) of
COBRA
Administration Manager software. This most recent release contains the
changes as outlined in the proposed rules announced by the
U.S.
Department of Labor’s Employee Benefits Security Administration (EBSA)
on May 28th 2003.
COBRA Administration Manager is the leading COBRA
Administration software designed for small, medium and large
organizations to administer COBRA Compliance.
The new COBRA Administration Manager program contains updated Initial
COBRA Notification and Qualifying Event letters as well as two new
Notices as specified by the Department of Labor. Effective immediately
this updated release is available to our customers on our corporate Web
site at www.cobra-solutions.com.
In addition, a FREE downloadable demonstration version is available for
any organization considering upgrading or updating their COBRA
Administration workflow and software.
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COBRA Solutions, Inc. Announces COBRA Companion
COBRA Companion is an internet application that has been developed to
aid Third Party Administrator’s (TPA’s) and large companies who have a
need to enter newly hired employee’s and COBRA qualifier’s remotely via
the internet for fast and accurate processing of the required COBRA
notifications. For more information visit
MYTPA.COM.
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* * * * * * * * * * * * * * * * * * * * * * * Recently,
COBRA Solutions released a new 32-bit version of the
Cafeteria
Plan Manager. It was designed to operate more
like the COBRA Administration Manager; with internet
updates, newly designed reports and greater account
adjustment capabilities. With changes in the law, Plan
Documents and SPD's were updated. Operational speed
has been increased by over 300% with a new database
structure, making administration faster and more reliable. *
* * * * * * * * * * * * * * * * * * * * * * * Effective
immediately, COBRA Solutions has changed the name of the COBRA
Administration Manager 2000 software, dropping the
"2000" designation. It's name was given at a
time when Microsoft was introducing the Windows 2000
operating system and our "2000" was to designate
its compatibility with that operating system. Since
its introduction we have been flooded with calls asking if
the program had been updated past the year 2000. The
system is always kept current with the law and updates are
available via the internet with our annual maintenance
agreement. *
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On October 1, 2000, COBRA Solutions introduced a
newly-designed 32-bit version of the COBRA Administration
Manager. With the release of COBRA's final regulations,
the software was updated with new notifications, greater functionality
and increased reporting capabilities. The new COBRA administration program is an upgrade
(maintaining data already entered) to the
current version, adding new technology to offer the user the most
powerful product in the industry. The program utilizes the internet to
immediately update notifications, offers an on-line manual and a monthly
email newsletter to notify the user of recent changes to the law.
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