IRS Expands Rules for Mid-Year Election Changes Under Cafeteria Plans

Health Care Reform bulletin

Quick Facts

  • IRS Notice 2014-55, issued on Sept. 18, 2014, allows cafeteria plans to permit mid-year election changes in certain situations related to the availability of Exchange coverage.
  • Current regulations will be revised, but the guidance is effective immediately.
  • Cafeteria plan documents must be amended in order to include these options.

Click to read the full IRS Expands Rules for Mid-Year Health Plan Election Changes Health Care Reform Bulletin.