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The mission of COCO Development, LLC is to utilize our principles' experience in highly efficient third-party benefits administration, payment processing, and enterprise software technology to revolutionize benefits administration. Through our self-service software technology, we provide a new level of information access to all parties involved in benefits administration. Efficiencies of scale across our customer base provide an order of magnitude cost reduction for documention generation and payment processing.
Our founder built the nation's largest independent COBRA adminstrator and ran it with a 42% net bottom line profitability. COCO Development provides an integrated suite of services to our customers to drive their efficiency and profitability. We know from experience that the three most important components to administering efficient COBRA compliance are:
1. An intuitive, web-based, self-service software platform, easily accessible by all parties involved in benefits administration.
2. COBRA optimized lockbox services, including high-speed payment processing of checks, online payments, and bank transfers.
3. Automated mail fulfillment at greatly reduced costs due to economies of scale across our customer base.
We provide each of these services better than anyone, and have been doing so for over a decade. Our goal is to reduce the complexity of the business, empowering administrators to be more efficient and profitable than ever before.
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