Tag: mid-year election changes

Question: Does an employer have to allow an individual to change his/her Health Savings Account (HSA) contribution mid-year? Answer: An HSA must permit participants to change elections at least monthly, as eligibility is determined on a monthly basis, even if the HSA is provided through the cafeteria plan. However, the change must be prospective. ┬áThis…

Question: In the case of a divorce, is it the “employee’s” responsibility, or the “former spouse’s” responsibility to notify HR that the divorce has occurred for COBRA purposes? In this case, the employee and spouse were both covered by the health plan. They received the Initial COBRA notice at the time they initially elected coverage…