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Regulation and Compliance > Federal Regulation

Software Company Adds COBRA Module

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NU Online News Service, Jan. 27, 2005, 3:39 p.m. EST

The developers of the BeneTrac benefits system have introduced a new compliance tool.[@@]

The BeneTrac company, officially known as Hawthorne Benefit Technologies Inc., San Diego, has started selling COBRA Factory, a product that can help human resources managers who use its BeneTrac benefits administration software comply with the notification and billing provisions of the federal COBRA health benefits continuation requirements.

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The system automatically feeds employee and company information into the notice forms, Hawthorne says.

Hawthorne is charging $75 per month for the new system for businesses with up to 500 employees.