Qualifying Event

[oriecat]

An employee's spouse's employer is not renewing their FSA plan for 2011 because they will be closing (and I assume don't want to deal with any losses due to uniform coverage). Our plan year is not on calendar year, so he did not sign up with ours last month. Would this be a qualifying event for him to add coverage under our plan? When I ran it through ChangeofStatus.com it said no, but that doesn't seem right to me, so I wanted to verify.

Thank you.

[SLuskin]

An employee's spouse's employer is not renewing their FSA plan for 2011 because they will be closing (and I assume don't want to deal with any losses due to uniform coverage). Our plan year is not on calendar year, so he did not sign up with ours last month. Would this be a qualifying event for him to add coverage under our plan? When I ran it through ChangeofStatus.com it said no, but that doesn't seem right to me, so I wanted to verify.

Thank you.

I think that would be a status change. It is loss of coverage under the spouse's employer's plan.