Empathetic employee exits
The exit experience leaves a lasting impression. Are you turning folks into brand ambassadors or leaving them unsupported?
We understand the best way to support your employees
Leaving an employer can be a disruptive time in someone's life. Folks usually feel unsupported and typically make decisions that aren't ideal, especially related to insurance. We spent time understanding their needs and building tools to alleviate that stress.
Customized off-boarding documents for departing employees
Rather than walking into an exit interview with a twelve page COBRA document that provides little clarity, we give you access to customized exit documents. You can select a departing employee and generate a document that will explain their COBRA cost and introduce them to their personal off-boarding advisor at Kept.
Pay for a departing employee’s COBRA without breaking the bank
If you give departing employees cash for COBRA, you're over-spending. Lump sums require payroll taxes. Give them a direct subsidy instead. Then you only pay a subsidy if they elect COBRA. A new job with insurance means you may avoid paying the full subsidy. Employees also get an extra enrollment period with an opportunity to find coverage outside of COBRA. We handle all of this for you. Generate an off-boarding document, specify a subsidy, and you're done.
Easily reconcile monthly COBRA premiums
We collect all of the insurance premiums directly from COBRA participants. We enroll them with your insurers and handle open enrollment and terminations. This means that once a month we'll send those COBRA payments directly to your bank account. Our reports make it easy for your finance team to understand what's going on and you can set those reports to automatically be delivered to the right folks.
Minimize the time wasted on unqualified unemployment claims
As a third party, our determination of whether someone is eligible for unemployment or not is typically given a little more weight. Information collected at their termination and their location help us make an initial recommendation on whether they should apply or not. This usually results in fewer ineligible claims that your HR team has to deal with.
A softer landing for departing employees
We provide them with personalized guidance, insurance options, and tools to make more informed financial decisions.
Keep employees from turning into detractors
COBRA grants departing employees an option to stay insured. It requires meticulous administration to ensure compliance and proper support. For decades it’s been nothing more than a checkbox. What does the future hold?
Want off-boarding at no extra charge?
Enter the information below and we'll get in touch with your broker to see if we can get set up at no additional cost to you.