What is a “Change in Status Event” or “Qualifying Event?
In general, a Change in Status Event or Qualifying Event refers to a life-changing event that may affect your eligibility or need to participate in your company’s cafeteria plan. These events may include, but are not limited to: births, deaths, adoptions, marriage, divorce, change in employment status of yourself or your spouse, judicial decrees, judgements or orders, changes in cost of a benefit, changes in coverage offered, loss of eligibiltiy of a dependent, etc.
Related Questions
- If Anthem performs COBRA administration for the plan, how does the employer notify Anthem that a Qualifying Event has occurred and how much time does the employer have to notify Anthem?
- How long after a qualifying event does an employee have to elect COBRA coverage?
- Is college graduation a qualifying event for health insurance?