Premium Amount#
This component determines whether the premium amount replaces any previously calculated amount, or adds to it.
Choose the rule that is used as the 'Premium Amount' rule.
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01* | Replace Value | Replaces the enrollment value with the newly calculated premium amount. This is the standard rule used. | B0690 | |
| 02 | Accumulate Value | Accumulates the newly calculated premium amount into the existing enrollment value. | B0690 |
Enter a pay component in the <PC Code> field if the result is to be viewed for Payroll processing or reporting.
The BC action must be ‘Store on Line & Enroll'.
If the premium needs to be converted to a pay period amount place the <PC Code> on B0690 instead.
