COMING ATTRACTIONS:
DATAPATH COBRA'S IMPROVED PAY REGISTER
Introducing a continuing article, "Coming Attractions", which will feature an upcoming enhancement to one of DataPath's systems.
This month, "Coming Attractions" will look at the enhanced payment register for Datapath's COBRA administration system. This enhancement will be available with the coming DataPath COBRA update.
As always, employers request many variations to standard procedures. This enhancement is being added to enable our users to meet employer requests.
With this enhancement, Plan Service Providers (PSPs) can offer the following new payment options per benefit:
- Send premiums directly to carrier.
- Pay the current month's premium even if the premium has not been received from the participant.
- Pay future months' premiums.
- Pay for partial month's premiums.
In addition to the above, the PSP will have the ability to cut checks to participants to reimburse premiums.
Included in this enhancement is the ability to view each premium and see the breakdown on payments. For instance, if the Participant submitted two partial payments for the premium, the PSP can view the breakdown showing the details of each payment.
WATCH FOR NEWS ABOUT THE UPDATE!!