COBRA Compliance Penalties

pate0105

How can I find out what the penalties are for issuing COBRA election forms late?

NaeNae55

It is decided by a court if you get sued. The penalty can be up to $100 per day, but is seldom awarded at that high rate. It depends on your system, why it was overlooked, and more importantly, if it was done intentionally or not.

Hope this helps. Good luck!

ACU Frank

The fines are sometimes mitigated by your willingness to correct any problems it caused the ex-employee.