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The Families First Coronavirus Response Act (FFCRA)
The Families First Coronavirus Response Act (FFCRA), signed into law on March 18, 2020, requires small…
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Introducing Employee Relief Program (ERP)
When President Trump declared the Covid-19 pandemic a National Emergency in accordance with the Robert…
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Impact on HSA, FSA, and HRA Benefit Accounts
Impact on HSA,FSA, and HRA Benefit Accounts On Friday March 27th the Coronavirus Aid, Relief, and…
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The Coronavirus Aid, Relief and Economic Security (CARES) Act
Trump Signs $2 Trillion Stimulus Bill with Implications for Consumer-Directed Healthcare On March…
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OCA Adding Online Payment Options For COBRA/Retiree Participants
COBRA Enhancements Earlier this week OCA's COBRA team announced our ability to now remit COBRA…
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OCA Now Able To Issue Employers COBRA Premiums via ACH
OCA’s team has been dedicated to finding solutions to help our operational workflow given all the challenges…
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OCA’s team has been dedicated to finding solutions to help our operational workflow given all the challenges faced by COVID-19. We’re happy to announce that we now have the ability to remit COBRA premium payments via ACH (Electronic Funds Transfer) back to our employers. Historically, OCA could only issue COBRA premiums via a check payment twice (2) per month.
We are strongly recommending to our COBRA clients that they sign up for ACH payments. We just don’t know if there will ultimately be any impact on the postal system, mail delivery time-frames or restrictions to your local bank.
By clicking the link below, it will allow OCA to issue COBRA premiums (once collected from the COBRA participant) back to the employer electronically and avoid having to issue a physical check. The remittance schedule will still be twice per month.
To sign up for ACH Remittance, please click here.
We thank you for your support in helping us improve our COBRA remittance process! To stay informed with OCA’s operational updates, please visit oca125.com/covid19actions.