COBRA Administration

Sana offers federal COBRA administration through Optum at no additional cost if the plan sponsor has elected to offer COBRA. 

If you have elected to offer COBRA through Sana, you will be enrolled in Optum’s COBRA administration service, and the monthly cost of service will be included in your Sana monthly premium. If you’re unsure if Optum is your COBRA administrator please contact your dedicated Customer Success Manager or the Customer Support team at admins@sanabenefits.com. To help determine if your company is legally required to offer COBRA to employees, please reach out to Mineral or your legal counsel for guidance.

For additional information regarding federal COBRA continuation, please see the Department of Labor Federal COBRA FAQs for Employers and Advisers. The decision to offer COBRA continuation is ultimately the responsibility of the Plan Sponsor. The Plan Sponsor administrator should consult legal counsel to determine whether the Plan is required to provide COBRA continuation coverage, and the nature of its legal obligations under such laws.

How it works if you have elected to offer COBRA through Optum 

Whenever an employee is terminated, Sana integrates with Optum to ensure a seamless COBRA experience from the mailing of initial notices to enrollment management.

If a former employee enrolls in COBRA coverage, Optum will notify Sana. The former employee will remain on your monthly invoice with a red C next to their name and Optum will directly bill the individual to collect 100% of the premium and an additional 2% for administrative fees

After Optum collects the premium, they will credit it to the bank account you provided during onboarding. Deposits for the previous month's premium payment are usually made between the 12th and 15th of the current month. Ex: January premiums are reimbursed to the employer between Feb 12th - 15th.

Please contact Optum (the COBRA Administrator) with any questions about the Plan and COBRA Continuation Coverage:

OptumHealth Financial Services, Inc.
11000 Optum Circle
Eden Prairie, MN 55344
855.687.2021
ofcobraservice@optum.com

Screen_Shot_2022-04-20_at_2.27.03_PM.png

 

Have questions? We've got you covered.