Administration Fee {optional}#

This component calculates and stores the amount of the administration fee.

Is there an administration fee?

Yes: Choose the rule to be used

No: Go to B0760

Rule	Description	Logic	Assoc.	Go to
00	Use Value from UserCalc	Specify the name of the <User Calc> on the component. The usercalc must be of the type `Function`, with a return value of the type `Numeric`. Use the RET operator to return the numeric value. This value is interpreted by the component as a user provided administration fee.		B0735
01*	Use Specified Amount	Specify the <BC Value> on the component. The specified value is used as the administration fee.		B0735
02	Percentage of Premium Amount	Specify the <BC Value> on the component. The specified value is used as a percentage to be applied against the premium amount. The result is the administration fee.		B0735

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 administration fee needs to be rounded, place the <PC Code> on B0735 instead.

If the administration fee needs to be converted to a pay period amount, place the <PC Code> on B0740 instead.

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Notes #

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