What are post-ACA special events that allow an employee to revoke Cafeteria election midyear?

The correct choice focuses on situations described by the Affordable Care Act (ACA) that provide employees with the opportunity to revoke their Cafeteria plan elections midyear. One significant event that allows for such a revocation is a reduction in hours that leads to the employee becoming eligible for ACA Exchange enrollment.

When an employee experiences a reduction in hours that changes their eligibility status—specifically to a level where they qualify for coverage through an ACA Exchange—it prompts the option to reevaluate and potentially revoke their existing Cafeteria plan elections. This is because becoming eligible for an exchange plan represents a change in circumstance that affects the employee's healthcare options, thereby justifying changes to benefits elections. The core principle here is that significant changes to employment status or eligibility for other coverage pathways allow employees to make adjustments to their benefit elections to better fit their new circumstances.