COBRAGuard Celebrates a Decade of COBRA Administration Success
May 03, 2011, 08:05 ET
MISSION, Kan., May 3, 2011 /PRNewswire/ -- COBRAGuard Inc., a certified COBRA administrator, celebrated its 10-year anniversary April 17. The innovative company, established in 2001, is now a leading provider of automated Web-based COBRA administration for organizations throughout the U.S.
To celebrate the anniversary, COBRAGuard President Robert Meyers hosted a party for employees, vendors, and their families near the company's home office in Mission, Kan. The event featured a magician and numerous door prizes. For Meyers, it was a time to honor everyone's contributions and to reflect on the company's major milestones.
"When we started the company, the Internet was still fresh. There weren't many interactive applications and people weren't used to transacting business online, but we saw the opportunity for a Web-based COBRA administration application," says Meyers. "It took three development teams in the first two years, but eventually we built the application we envisioned. It was the first of its kind and a major achievement. Needless to say, overcoming the naysayers gave us a strong sense of accomplishment."
By offering a sophisticated suite of solutions and technology, COBRAGuard helps organizations control administrative costs, tighten recordkeeping and documentation, heighten efficiency, and minimize the risk of noncompliance, penalties, and fines. Some of the company's innovations include its proprietary Web-based COBRA administration system, COBRATrak, and MyCOBRA.Info, which enhances participant service by giving users a real-time, comprehensive view of account activity. Meyers attributes the company's success to its unique combination of innovation, service, and partnership, as well as high caliber clientele.
"If you want to be better and to be the kind of progressive, innovative company that believes in and practices continual improvement, it's important to work with organizations that think like you," says Meyers. "We tend to attract progressive clients who are interested in cutting-edge COBRA administration solutions. And those clients have continuously helped us to reinvent ourselves and become a better company by making suggestions and brainstorming better ways to do things."
Meyers also emphasizes the importance of having achieved a high degree of adaptability in an ever-changing and tumultuous industry. He offers the American Recovery and Reinvestment Act of 2009 (ARRA) and the Affordable Care Act as examples of how organizations can't maintain status quo.
"Companies have to be ready to change on a dime to meet changing COBRA administration requirements. That will continue to be the same in the future," explains Meyers. "At COBRAGuard, we look forward to adapting to the ever-changing needs of the industry, and staying ahead of the curve for the next 10 years and beyond."
About COBRAGuard Inc.
COBRAGuard Inc. is a certified COBRA administrator (CCA), helping employers control risks and liabilities, prevent adverse claims, and save time and money. The company serves more than 3,000 organizations nationwide and it stands behind its services with a 100 percent compliance guarantee. For more information, visit the company's website at http://www.cobraguard.net.
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SOURCE COBRAGuard Inc.
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