Who tracks premium payment status under COBRA?

• A. Plan administrator
• B. Employer HR
• C. Insurance broker
• D. Beneficiary

Answer: (A)

The plan administrator is responsible for tracking premium payment status in COBRA. This role involves managing premium billing, monitoring whether payments are received on time, handling any grace periods, and deciding if coverage should be terminated for nonpayment. The plan administrator is the designated party that administers the COBRA plan and maintains the records needed to enforce continuation coverage, so they’re the ones who keep tabs on whether each beneficiary’s premiums are current.

While the beneficiary is the one making payments and receiving notices, and HR or an insurance broker may be involved in related tasks, the formal tracking of payment status and enforcement of continuation rights rests with the plan administrator.