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COMPUPAY ANNOUNCES NEW ALLIANCE TO MARKET COBRA ADMINISTRATION SERVICES
Miramar, FL ( October 22, 2008) - CompuPay, Inc. based in Miramar, Florida today announces that it has signed a new marketing alliance with Workable Solutions, Inc., located in Orlando, Florida, to provide outsourced COBRA administrative services to CompuPay clients and partners.
The new COBRA administrative service is available to new and existing CompuPay employer clients. COBRA is especially burdensome for small and mid-sized employees who don't have the luxury of in-house expertise. For many employers it becomes a large unfunded liability because the penalties for non-compliance can be substantial. With the downturn in the economy and a higher number of layoffs, COBRA is becoming an even larger compliance task.
"COBRA administration is a natural complement to our payroll services", says Jeff Yarish, Vice President Employee Benefits for CompuPay. "Companies cannot be expected to be experts on COBRA. PowerCOBRA takes compliance off their plate and gives them the peace of mind they are doing it right."
"As a client of CompuPay, we have observed the quality of their operation and are thrilled to have such a respected partner for our COBRA services," stated Terry McCorvie, President of Workable Solutions. "COBRA administration is a minimal expense for employers, but can pay large dividends compared to the potential cost of penalties and litigation."
About CompuPay
CompuPay, Inc. was founded in 1980 and today is the fourth largest payroll company in the U.S. Its growing network of local offices processes payroll for tens of thousands of companies ranging in size from 1 to over 10,000 employees in all 50 states. The company offers payroll and employer-related services such as workers' compensation insurance, employee benefits, retirement plans and Section 125 and 132 plans to clients seeking highly flexible, innovative solutions to meet their growing business needs. For more information, visit www.compupay.com.
About Workable Solutions
Founded in 1997, Workable Solutions is a Third Party Administrator and leader in COBRA administration and benefits outsourcing with clients nationwide. Workable Solutions combines on demand web-based COBRA management with superior customer service to provide an unparalleled COBRA solution. Workable Solutions also provides solutions for online enrollment, benefit eligibility management and consolidated billing. In addition, Workable Solutions administers a full menu of pre-tax benefit options, including FSA, HRA, HSA, parking and mass-transit plans. For more information, visit www.workablesolutions.com.
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