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Ask an Expert: Is There a 30-Day Grace Period to Make Changes to Elections in Cafeteria Plans?

InterWest Insurance Services

Q: We have an employee who wants to make changes to her cafeteria plan election, even though benefits are already effective. Employers: Don’t make this common cafeteria plan mistake! Employees cannot change their minds during the plan year outside of a special enrollment period authorized under Section 125.

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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

As we enter 2022, there are a number of changes on the horizon that plan sponsors need to be aware of as they will affect group health plans as well as employees enrolled in those plans. These rules were all not mandatory and employers could choose whether to relax them or not.

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Broker Compensation Disclosure Rule: New Legislation for Brokers

Total Employee Benefits

When it comes to a broker, employers should look for someone who keeps them informed about important issues related to their company. Meaning employers will be able to see precisely how and where brokers are making money. The insurance carrier is generally responsible for plan compliance in a fully insured policy.