Third Party Administration

COBRA, Flexible Spending Accounts, Medical Reimbursement Plans, and Self-Funding. Babb, Inc. has the background and know-how for all third-party-administration needs.


The right to COBRA continuation coverage was created by a federal law, The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).
COBRA continuation coverage is temporary and may become available to employees and other dependents that are covered under your Plan(s) and experience a "qualifying event."

There are many rules and regulations when dealing with COBRA. Notifying Babb, Inc. as soon as possible of a qualifying event starts the COBRA clock and reduces your liability. Our ongoing administrative services include:
      Technical Support
      Qualified Beneficiary Interaction
      Standard Reports Including Monthly Activity
      Dedicated COBRA Representative
      Open Enrollment Regulations 


Flexible Spending Accounts can reduce your health care and dependent day care expenses by 30-40%!!

When you enroll in an FSA, you set a portion of your pay away on a pre-tax basis. Less tax means more take home pay. The money in your FSA account can be used to pay for things such as:
      Doctor visit co-pays/deductibles
      Dental work


If you are like most employers, and are moving to more High Deductible Options enrolling in a BABBmrp plan will help to keep premium costs down by off-setting utilization, but also adds a way to absorb some of the additional out of pocket expense for your employees.

Participating in a Medical Reimbursement Plan means you agree to pay a portion of the employee deductible. This can be done a number of ways and can be customized to meet your needs.