The attached Benefits Bulletin details the rules around a mid-year change for Section 125 cafeteria plans. Per the guidelines, there are very limited reasons to permit an employee to make a mid-year change to their benefit elections. The bulletin outlines the various permissible events that allow an election change, a description of the events, and the permitted actions an employee can take to change their plan.
Contact your Cowden representative for more information on this or other compliance issues.