Not all qualifying events are created the same. Understanding when a plan participant can make changes is still a big mistake we see - in the vast majority of cases it's not a free-for-all. But even for employers who understand what qualifying life events are - many don't understand that different scenarios and different coverages (sometimes) have different qualifying events. FSAs vs Cafeteria plans, for example - as this video describes. Just one more reason why understanding the details matter
0:34
Not all qualifying events are created the same. Understanding when a plan participant can make changes is still a big mistake we see - in the vast majority of cases it's not a free-for-all. But even for employers who understand what qualifying life events are - many don't understand that different scenarios and different coverages (sometimes) have different qualifying events. FSAs vs Cafeteria plans, for example - as this video describes. Just one more reason why understanding the details matter
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