What if I have a mid-year qualifying change in status and Im enrolled in the FSA Program (MCAP/ DCAP)?
A. The normal period of coverage for participants who enroll in the Program during Benefit Choice is July 1- June 30 each plan year. For participants who experience a mid-year qualifying change in status event and subsequently change their FSA deduction amount, your plan year will be divided into two or more periods of coverage (dependent upon the number of qualifying changes in status you experience). Allowable expenses for each period must be incurred during that timeframe and expenses are reimbursed based upon the enrolled amount.
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- What if I have a mid-year qualifying change in status and Im enrolled in the FSA Program (MCAP/ DCAP)?