Qualified Status Changes
You may only make a change in the amount being contributed when you have a qualified status change, provided the change is consistent with the qualified status change. For example, a request to increase your contribution would be consistent with the birth of a child. You must report your change in status within 31 days of the event in order to be eligible to make any qualified changes to your FSA election.
NOTE: Not all qualifying events allow for a change in your FSA election. You may contact the Caterpillar Health Enrollment Center at 1-833-735-2127 for specific information.
You cannot reduce your contribution below the greater of:
- The amount already deducted from your pay; or
- The amount already paid to you.
QUALIFIED STATUS CHANGES (LIFE EVENTS)
- Marriage
- Divorce
- Legal separation or annulment
- Birth of a child
- Adoption of a child
- Placement of a child with you for adoption
- Death of spouse or dependent
- Termination of your spouse's or dependent's eligibility for group health insurance under a plan maintained by an employer due to a change in employment.
- Your spouse or dependent becomes employed and gains eligibility for group health insurance under a plan maintained by an employer
- A significant change in health coverage attributable to spouse's employment
- Loss or reinstatement of a child's dependent status due to age, student status, or any other similar circumstances
- A change in employment status (e.g., start or end employment, begin or return from an unpaid Leave of Absence, change work sites, change from part-time to full-time or vice versa) that leads to a loss of or gain in eligibility for coverage
- Involuntary change of work schedule events for you, your spouse or your dependents such as a reduction or increase of hours of employment due to strike or lockout, commencement or return from an unpaid leave of absence, change from full-time to part-time or vice versa which would affect eligibility to participate in a group health plan
CONTACT
If you experience a qualified status change, call the Caterpillar Health Enrollment Center at 1-833-735-2127 for specific information.