[{TableOfContents }] !!!HOW ARE COSTS CALCULATED IN OPEN ENROLLMENT 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. %%information In order for the period cost calculations to work correctly, you will need to set up a pay category in [IPPGU] with a Pay 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.%% The following scenarios depict how the Year, Month, Period costs are calculated using different rate basis. Each scenario uses a different frequency. !!Scenario: EE Deduction Rate of 22.60, Frequency is Bi-weekly (Times Per Year is 24) ||Rate Basis|| Year|| Month|| Period |YR| $22.60 (22.60 * 1)| $1.88 (22.60 / 12)| $0.94 (22.60 / 24) |MO| $271.20 (22.60 * 12)| $22.60 (271.20/ 12)| $11.30 (271.20 / 24) |SM| $542.40 (22.60 * 24)| $45.20 (542.40 / 12)| $22.60 (542.4 / 24) |BW| $587.60 (22.60 * 26)| $48.97 (587.6 / 12)| $24.48 (587.60 / 24) |WK| $1,175.20 (22.60 * 52)| $97.93 (1 175.2 / 12)| $48.97 (1 175.20 / 24) |DY| $5,876.00 (22.60 * 260)| $489.67 (5 876 / 12)| $244.83 (5 876 / 24) |HR| $47,008.00 (22.60 * 2080)| $3,917.33 (47 008 / 12)| $1,958.67 (47 008 / 24) !!Scenario: EE Deduction Rate of 22.60, Frequency is Bi-Weekly (Times Per Year is 26) ||Rate Basis|| Year|| Month|| Period |YR| $22.60 (22.60 * 1) |$1.88 (22.60 / 12) |$0.87 (22.60 / 26) |MO| $271.20 (22.60 * 12) |$22.60 (271.20/ 12) |$10.43 (271.20 / 26) |SM| $542.40 (22.60 * 24) |$45.20 (542.40 / 12) |$20.86 (542.4 / 26) |BW| $587.60 (22.60 * 26) |$48.97 (587.6 / 12) |$22.60 (587.60 / 26) |WK| $1,175.20 (22.60 * 52) |$97.93 (1 175.2 / 12)| $45.20 (1 175.20 / 26) |DY| $5,876.00 (22.60 * 260) | $489.67 (5 876 / 12) |$226.00 (5 876 / 26) |HR| $47,008.00 (22.60 * 2080)| $3,917.33 (47 008 / 12)| $1,808.00 (47 008 / 26) !!Scenario: EE Deduction Rate of 22.60, Frequency is Once A Month (Times Per Year is 12) ||Rate Basis|| Year|| Month|| Period |YR |$22.60 (22.60 * 1) |$1.88 (22.60 / 12) |$1.88 (22.60 / 12) |MO |$271.20 (22.60 * 12) |$22.60 (271.20/ 12) |$22.60 (271.20 / 12) |SM |$542.40 (22.60 * 24) |$45.20 (542.40 / 12) |$45.20 (542.4 / 12) |BW |$587.60 (22.60 * 26) |$48.97 (587.6 / 12) |$48.97 (587.60 / 12) |WK |$1,175.20 (22.60 * 52)| $97.93 (1 175.2 / 12) |$97.93 (1 175.20 / 12) |DY |$5,876.00 (22.60 * 260)| $489.67 (5 876 / 12) |$489.67 (5 876 / 12) |HR |$47,008.00 (22.60 * 2080)| $3,917.33 (47 008 / 12)| $3,917.33 (47 008 / 12) ---- ![Notes|Edit:Internal.HOW ARE COSTS CALCULATED IN OPEN ENROLLMENT] [{InsertPage page='Internal.HOW ARE COSTS CALCULATED IN OPEN ENROLLMENT' default='Click to create a new notes page'}]