Ever have employees come to you in January already regretting their benefit elections?
In this episode of Comply on the Fly, Karen breaks down the very real phenomenon of benefits buyer’s remorse—when employees realize that low premiums can mean higher out-of-pocket costs and suddenly want a do-over. From Section 125 qualifying events (and what doesn’t count) to mid-year plan changes, self-funded vs. fully insured flexibility, and why “I don’t like this plan” isn’t a compliance strategy, this episode explains what employers can—and can’t—do once coverage is in effect. A timely reminder that strong open enrollment education can prevent a lot of January regret.
Please Note: This podcast and the contents herein do not constitute legal advice. Seek the advice of counsel for any benefit compliance related implementation guidance or strategy.
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