d. Contract approval
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d. Contract approval
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Section 609) which requires accident or health coverage for a Participant's child <br />(including a foster child who is a dependent of the Participant): <br /> <br />(1) The Plan may change an election to provide coverage for the child <br />if the order requires coverage under the Participant's plan; or <br /> <br />(2) The Participant shall be permitted to change an election to cancel <br />coverage for the child if the order requires the former spouse to provide <br />coverage for such child, under that individual's plan and such coverage is <br />actually provided. <br /> <br /> (d) Notwithstanding subsection (a), a Participant may change elections <br />to cancel accident or health coverage for the Participant or the Participant's spouse <br />or dependent if the Participant or the Participant's spouse or dependent is enrolled <br />in the accident or health coverage of the Employer and becomes entitled to <br />coverage (i.e., enrolled) under Part A or Part B of the Title XVIII of the Social <br />Security Act (Medicare) or Title XIX of the Social Security Act (Medicaid), other <br />than coverage consisting solely of benefits under Section 1928 of the Social <br />Security Act (the program for distribution of pediatric vaccines). If the Participant or <br />the Participant's spouse or dependent who has been entitled to Medicaid or <br />Medicare coverage loses eligibility, that individual may prospectively elect <br />coverage under the Plan if a benefit package option under the Plan provides <br />similar coverage. <br /> <br /> (e) If the cost of a Benefit provided under the Plan increases or <br />decreases during a Plan Year, then the Plan shall automatically increase or <br />decrease, as the case may be, the Salary Redirections of all affected Participants <br />for such Benefit. Alternatively, if the cost of a benefit package option increases <br />significantly, the Administrator shall permit the affected Participants to either <br />make corresponding changes in their payments or revoke their elections and, in <br />lieu thereof, receive on a prospective basis coverage under another benefit <br />package option with similar coverage, or drop coverage prospectively if there is <br />no benefit package option with similar coverage. <br /> <br /> A cost increase or decrease refers to an increase or decrease in the <br />amount of elective contributions under the Plan, whether resulting from an action <br />taken by the Participants or an action taken by the Employer. <br /> <br /> If the coverage under a Benefit is significantly curtailed or ceases during a <br />Plan Year, affected Participants may revoke their elections of such Benefit and, <br />in lieu thereof, elect to receive on a prospective basis coverage under another <br />plan with similar coverage, or drop coverage prospectively if no similar coverage <br />is offered. <br /> <br /> If, during the period of coverage, a new benefit package option or other <br />coverage option is added, an existing benefit package option is significantly <br />improved, or an existing benefit package option or other coverage option is <br />eliminated, then the affected Participants may elect the newly-added option, or <br />elect another option if an option has been eliminated prospectively and make <br />corresponding election changes with respect to other benefit package options <br />providing similar coverage. In addition, those Eligible Employees who are not <br />participating in the Plan may opt to become Participants and elect the new or <br />newly improved benefit package option. <br /> <br />A Participant may make a prospective election change to add group <br /> <br />10 <br /> <br /> <br />
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