Reduced Premium Amount {optional}#
This component applies a percentage reduction to the premium amount based on the application of a reduction rule.
Is the premium to be reduced by a reduction rule?
Yes: Choose the rule to be used
No: Go to B0670
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
01* | Apply Premium Reduction Percentage | Multiplies the premium value by the reduction percentage found on the Reduction Rule form when the employee is on a waiver status. | B0460 | B0670 |