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<br />(4) Dependent satisfies or ceases to satisfy the eligibility requirements: <br />An event that causes the Participant's dependent to satisfy or cease to <br />satisfy the requirements for coverage due to attainment of age, student <br />status, or any similar circumstance; and <br /> <br />(5) Residency: A change in the place of residence of the Participant, <br />spouse or dependent, that would lead to a change in status (such as a loss <br />of HMO coverage). <br /> <br />For the Dependent Care Flexible Spending Account, a dependent <br />becoming or ceasing to be a "Qualifying Dependent" as defined under Code <br />Section 21(b) shall also qualify as a change in status. <br /> <br />(b) Notwithstanding subsection (a), the Participants may change an <br />election for accident or health coverage during a Plan Year and make a new <br />election that corresponds with the special enrollment rights provided in Code <br />Section 9801 (t). Such change shall take place on a prospective basis, unless <br />otherwise required by Code Section 9801 (t) to be retroactive. <br /> <br />(c) Notwithstanding subsection (a), in the event of a judgment, decree, <br />or order ("order") resulting from a divorce, legal separation, annulment, or change <br />in legal custody (including a qualified medical child support order defined in ERISA <br />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 fomner 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 ifthe 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 />10 <br />