COBRA Administration
We help your employees complete their benefits journey.
Service & Compliance
COBRA, Leave, FMLA, and Retiree participants matter.
Let us elevate your departing employees' benefits experience with not only leading and flexible technology and ongoing communications, but also white glove service that helps former employees navigate what is often one of the most challenging (or rewarding) times in their lives.
Who is COBRA Eligible?
Covered Employees*
Dependent Children
Employee's Spouse
Newborn Children
A COBRA eligible individual is known as a Qualified Beneficiary. A Qualified Beneficiary is entitled to COBRA continuation coverage because they were covered by a group health plan on the day before a “qualifying event.”
*Includes Active Employees, Terminated Employees, & Retirees
Adopted Children
Self-Employed
Political Appointees
Independent Contractors**
Elected Officials
**Including their Employees
What are COBRA Qualifying Events?
- Dependent Loss Status
- Hours Reduction
- Participant Death
- Medicare Eligibility
- Legal Separation
- Divorce
- Employee Resignation
- Employee Termination*
- Retirement
*Terminations for Gross Misconduct are not COBRA Eligible
Modern Flexible Benefits
Contacts
ZyneraHealth is a third-party administrator, not a bank. Banking services are provided by Centennial Bank, Inc., member FDIC and subsidiary of Home BancShares, Inc. Your deposit balances held at Centennial Bank, Inc. are insured by the Federal Deposit Insurance Corporation (FDIC) for up to the legal limit (currently $250,000 for each category of legal ownership). Banking services associated with ZyneraHealth accounts are available only through Centennial Bank, Inc. The ZyneraHealth Debit Mastercard® is issued by DataPath Financial Services, Inc. pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted. Annual Percentage Yield (APY) accurate as of 1/4/2024. Minimum amount to open a ZyneraHealth HSA account is $1,000. An interest rate of 0.050% applies to entire balance. Interest rates may change after account is opened. Fees may reduce earnings.
Brokerage services provided by DataPath Investment Advisors, Inc. member FINRA/SIPC. DataPath Investment Advisors, Inc. is the firm that we use to custody our client investment assets. DataPath Investment Advisors, Inc. and ZyneraHealth are separate and unaffiliated firms, and are not responsible for each other’s services or policies. DataPath Investment Advisors, Inc. does not endorse or recommend any advisor and the use of the DataPath Investment Advisors, Inc. logo does not represent the endorsement or recommendation of any advisor.
