Retiree Billing Services are also available from ARC. The services are very similar, in most respects, to our COBRA and state law continuation services. The most significant differences are that the COBRA statutory and regulatory requirements relating to such things as grace periods, late payments, insufficient payments, and so on, do not apply. In addition, because retirees have a vested interest in staying on the plan for a longer period of time than most COBRA continuees (and therefore want to keep current on their premium payments), ARC can set up our system to receive automatic payments from retirees via Automated Clearing House (ACH) transactions.
