This page (revision-8) was last changed on 26-Nov-2021 10:22 by jmyers

This page was created on 26-Nov-2021 10:22 by JEscott

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HOW ARE COSTS CALCULATED IN OPEN ENROLLMENT
HOW ARE COSTS CALCULATED IN OPEN ENROLLMENT

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The system will first check to see what Rate Basis the costs are by checking the [Rate Basis|RATE_BASIS] field in the Coverage Details of [IBPN]. Using that basis, the system will first calculate the annual cost and will then calculate the monthly cost. To determine the period costs the system will use the [Times Per Year|TIMES_PER_YEAR] amount defined for the Open Enrollment type Pay Category.
The system will first check to see which rate basis the costs are using by checking the [Rate Basis|RATE_BASIS] field in the Coverage Details of [IBPN]. Using that basis, the system will first calculate the annual cost and then calculate the monthly cost. To determine the period costs, the system will use the [Times Per Year|TIMES_PER_YEAR] amount defined for the Open Enrollment type pay category.
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%%information In order for the period cost calculations to work correctly, you will need to set up a pay category in [IPPGU] for Category Type of Open Enrollment. After setting this up, that catagory needs to be added to the frequency or frequencies in [IPPF] that are used by Benefits.%%
This page (revision-8) was last changed on 26-Nov-2021 10:22 by jmyersTop