New alternatives to COBRA are now available that are more affordable for both employers and employees. Companies that recognize this can adjust their employee communications to provide their workers with a better experience after they lose their job, while simultaneously improving their bottom line.

1. New alternatives to COBRA
help employers & employees
win in the post-ACA world

2. © Benefitter Insurance Solutions, Inc. 2014
As employers and
brokers, we always try
to do right by our
employees

3. © Benefitter Insurance Solutions, Inc. 2014
From the
day they
join, to the
day they
leave

4. But no matter how
much we try to
the blow….
© Benefitter Insurance Solutions, Inc. 2014

5. © Benefitter Insurance Solutions, Inc. 2014
…losing a job can be
devastating

6. © Benefitter Insurance Solutions, Inc. 2014
Especially
when it also
means you
lose your
health benefits

7. © Benefitter Insurance Solutions, Inc. 2014
Talk about
getting
kicked when
you’re down

8. © Benefitter Insurance Solutions, Inc. 2014
That’s why COBRA1 has been
a critical way for workers to get
coverage while in between jobs
1 The Consolidated Omnibus Reconciliation Act of 1986

9. © Benefitter Insurance Solutions, Inc. 2014
COBRA has two key features
that set it apart from other
insurance options, making it a
great safety net

10. © Benefitter Insurance Solutions, Inc. 2014
First, anyone
can get covered,
regardless of
any pre-existing
conditions
Guaranteed
issue

11. © Benefitter Insurance Solutions, Inc. 2014
Second, the
costs stay the
same, regardless
of your past
medical history
No medical
underwriting

12. © Benefitter Insurance Solutions, Inc. 2014
Group coverage COBRA
$17k
$5k
Annual employee premium cost
Family coverage
Based on 2013 data from Kaiser Family Foundation
However, COBRA is expensive

13. © Benefitter Insurance Solutions, Inc. 2014
COBRA
$17k
Group coverage
$5k
Based on 2013 data from Kaiser Family Foundation
However, COBRA is expensive
Under CORBA,
employees must pay
for their portion of the
premium, plus the
employers’ portion,
plus a 2%
administrative fee
Annual employee premium cost
Family coverage

14. © Benefitter Insurance Solutions, Inc. 2014
But now there’s good news for
Americans looking for more
affordable alternatives to COBRA

15. © Benefitter Insurance Solutions, Inc. 2014
As a result of new health regulations,
the individual market now has all
the advantages of COBRA
Guaranteed
issue
No medical
underwriting

16. © Benefitter Insurance Solutions, Inc. 2014
COBRA
$17k
Group
coverage
$5k
$2k
Individual
market
Annual employee premium cost
Family coverage
Based on 2013 data from Kaiser Family Foundation
But at a much lower cost

17. © Benefitter Insurance Solutions, Inc. 2014
Group
coverage
$5k
Individual
market
$2k
COBRA
$17k
Based on 2013 data from Kaiser Family Foundation
But at a much lower cost
The individual market
provides access to
federal subsidies,
that can offset the
cost of insurance by
more than half
Annual employee premium cost
Family coverage

18. © Benefitter Insurance Solutions, Inc. 2014
Employers also benefit when their
workers shop on the individual
market, rather than enroll in COBRA

19. © Benefitter Insurance Solutions, Inc. 2014
That’s because COBRA utilizers tend to
be higher-risk (costlier) populations
Increased COBRA participation often
contributes to higher employer group rates

20. © Benefitter Insurance Solutions, Inc. 2014
The individual market clearly represents
a win-win for employers and
employees alike

21. © Benefitter Insurance Solutions, Inc. 2014
And at , we make it
easy for you to take advantage of this
new market dynamic
Let us
help you

22. © Benefitter Insurance Solutions, Inc. 2014
With Benefitter
Communicator,
brokers can quickly
generate automated
notices to alert
departing employees
about individual
market options

23. © Benefitter Insurance Solutions, Inc. 2014
These notices can
be customized with
broker or employer
branding, as well as
employee-specific
“special enrollment
period” deadlines

24. © Benefitter Insurance Solutions, Inc. 2014
Employees are
directed to a
straightforward
enrollment
platform that
guides them
through their
insurance options

25. © Benefitter Insurance Solutions, Inc. 2014
Real-time reports
provide visibility into
employee response,
and make it easy for
brokers to
summarize their
added value

26. © Benefitter Insurance Solutions, Inc. 2014
We’re entering a whole new world of
health benefits. We invite you to learn
more by clicking the link below.
Click to learn more

27. info@benefitter.com
www.benefitter.com
© Benefitter Insurance Solutions, Inc. 2014