Kept provides an integrated COBRA administration platform that automates enrollment, premium collection, and compliance while delivering personalized off‑boarding support. The service offers decision tools and licensed advisor guidance to help departing employees compare coverage options and identify subsidies, and it reduces setup time and costs for brokers and employers through API integrations and streamlined reporting.
Funding
$2.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Employers, brokers, and departing employees often struggle with complex, time‑consuming COBRA administration that provides little guidance, leading to higher costs, compliance risk, and poor post‑employment experiences.
Solution
Kept offers an integrated COBRA administration platform that combines compliance automation with personalized off‑boarding support. The service automates enrollment, subsidy calculations, and premium reconciliation while providing customized exit documents that explain coverage options. Licensed advisors and built‑in decision tools help departing employees compare COBRA with Medicaid, Medicare, and Marketplace plans, identify subsidies, and make informed choices. Employers benefit from reduced renewal costs, streamlined reporting, and fewer invalid unemployment claims. Brokers gain faster setup, deeper client value, and seamless integration with existing benefits systems.
Target Audience
Primary customers are employers seeking efficient off‑boarding, benefits brokers who manage COBRA for multiple clients, and employees who need clear guidance on post‑employment health coverage.
Features
- Automated COBRA enrollment, premium collection, and monthly reconciliation with direct bank deposits
- Personalized off‑boarding documents that detail individual COBRA costs and introduce a dedicated advisor
- Integrated subsidy management that pays only when employees elect COBRA, avoiding payroll tax on lump‑sum payments
- Decision engine that compares COBRA, Medicaid, Medicare, and Marketplace options and flags eligible subsidies or tax credits
- Licensed advisor support for employees to navigate coverage choices and financial tools such as unemployment benefits and 401(k) consolidation
- API integrations with major benefits administration platforms to enable auto‑pilot COBRA workflows
- Compliance monitoring by in‑house attorneys to ensure federal and state continuation coverage requirements are met