MyCeridian 2006 banner

COBRA Claims Saving Calculator

Use the COBRA Claim Savings Calculator to calculate potential savings with our comprehensive COBRA compliance services. To calculate potential claims savings you will need to answer questions 1 through 3. If you are unsure of current net claim cost per COBRA continuant, leave that field blank or enter in the national average of $2,632.00.

The answers are designed to highlight areas where Ceridian COBRA Continuation Services can potentially reduce COBRA claims through proper adjudication and claims management. An example of poor adjudication is continuing to collect COBRA premiums for a continuant who has exceeded their grace period. Many times our services can reduce the COBRA population to the point where the savings on claims can pay for our services. After you complete these calculations "Contact Us" for a more detailed discussion on how we can apply these savings to you or your client.


  1.   more info

  1.   more info

  1.   more info

 


Answers:
Formulas based on Ceridian averages and Charles D. Spencer COBRA Survey Results:
Answers:


  1. (2.8% is national average)
      more info

  1.   more info
Ceridian averages an initial COBRA continuant reduction of 26% and a duration time on COBRA of 8.6 months (for direct, non-institutional clients), 1.0 months shorter than the national average.

© 2008 Ceridian Corporation. All rights reserved.