David
Dahan, chief executive officer of Orgill/Singer & Associates, Insurance
& Investments, announced that the Las Vegas-based insurance brokerage
firm has formed a strategic alliance with CONEXIS one of the nation’s
largest and most experienced COBRA administrators, to offer CobraProTM
as a compliance resource for their clients as well as providing Section
125 Cafeteria Plan administration. This newly formed alliance will enable
Orgill/Singer clients to benefit from the many tax advantages available
through a Section 125 plan. The alliance also emerges at a time when growing
administrative complexities and related costs are placed on companies
in complying with COBRA. The Consolidated Omnibus Budget Reconciliation
Act (COBRA) is a federal health care law that mandates that employers
who regularly employ 20 or more employees must allow terminating individuals
the right to continue certain existing coverage’s at their own expense.