Ask an Expert: Is There a 30-Day Grace Period to Make Changes to Elections in Cafeteria Plans?
InterWest Insurance Services
AUGUST 18, 2022
Many group health insurance plan sponsors and administrators have the mistaken belief that the law allows employees enrolling in Section 125 cafeteria plans to change their elections, as long as they do so within 30 days of the plan becoming effective. This is not correct. And this misconception can have serious consequences.
Let's personalize your content