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Showing articles from Qualifying Life Events tag

Can I Cancel My Insurance?

Quick Answer In most cases, no. Due to IRS regulations, once you have made your benefit elections for the plan year, you generally cannot cancel, enroll in, or change your insurance coverage until the next annual Open Enrollment period, unless you experience a qualifying life event. Why Changes Are Limited Healt…

What is a Qualifying Life Event & How to I Process One?

Quick Answer A qualifying life event is a change in life circumstances that allows you to change your health, dental, or vision benefit elections outside of your initial enrollment period or Open Enrollment. Common Qualifying Life Events Qualifying life events may include, but are not limited to: * Marriage, d…

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