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Health Service Board approves Section 125 addendum to allow one 2020 midyear election change
Summary
The board unanimously approved an addendum to the 2020 Section 125 cafeteria plan allowing employees and retirees one midyear health-plan or FSA election for 2020 without a qualifying event, aligning plan documents with recent IRS COVID‑19 guidance.
Mitchell Griggs, chief operating officer of the Health Service System, told the Health Service Board that IRS notices 2020‑29 and 2020‑33 provide flexibility for plan year 2020 and that staff recommends an addendum to the 2020 Section 125 Cafeteria Plan and HSS member rules.
"It allows making midyear election changes once," Griggs said, describing that eligible employees and retirees may newly enroll…
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