How Are The Year, Month, Period Costs Calculated?#
The system will first check to see what rate basis defines the costs by checking the 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 amount defined for the Open Enrollment type 'Pay Category'.
Frequently Asked Questions - Benefit Self Service #
Open Enrollment Questions#
- Why Does WEBOEE Show Both Employee and Employer Costs for Each Coverage?
- How Can We Provide Links to Health Questionnaires, Providers Cost Comparison Sheets, etc. in WEBOEE?
- How Can We Restrict Employees to a Single Coverage Choice Across Multiple Plans of the Same Type When the Plans Are Mutually Exclusive?
- How Can COBRA Notices Be Handled?
- How Can Unpaid Leaves Be Handled?
- Can Open Enrollment Periods Be Created Manually?
- Is There a Function to Process All of the Elections at Once?
- How Are Employees Notified That the Open Enrollment Period Is Open?
- Is There a Restriction on the Number of Open Enrollments or Life/Work Events Open?
- Can the Open Enrollment Process Handle Flex Spending Accounts?
- Why Isn't There an Undo Button in WEBOEE?
- If an Employee Is Happy with Their Current Enrollment, Do They Have to Submit Again?
- Can the Open Enrollment Process Handle 401K Plans Where an Employee Can Make Changes on a Regular Basis?
- Are Combination Plans Supported?
- How Can We Provide Information on the Different Carriers If the Benefit Plans All Have the Same Plan Type?
- How Can We Provide Information on the Different Coverages Since There Is No URL Option at the Coverage Level?
- Are Sundry Records Taken Into Consideration During Open Enrollment?
- Which Benefit Component Must Be Defined In Order To Populate the 'Your Cost' Column on WEBOEE?
- Which Benefit Component Must Be Defined In Order To Populate the ER Cost Column on WEBOEE?
- How Do We Enter Verbiage That Can Be Seen in the Header of the WEBOEE Screen?
- Can We Make a Plan That Is Defined As Optional in IBPN Required in the Open Enrollment Period?
- We Do Not Require Decline Reasons, Is There a Way to Turn This Requirement Off?
- How Are The Year, Month, Period Costs Calculated?
