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Title: Rate Tables
Description: NEW RATE TABLE EACH YEAR


ohthatsme - March 31, 2008 07:57 PM (GMT)
Hi

I was asked by benefits admin - why on Lawson, do we roll the medical and dental plan rate tables into a new year with the BN105, and the life and disability do not update until there is a salary change.


Example on 1/1/07- employee A had chosen an HMO with family coverage & during open enrollment FOR 2008, did not make any changes for the 2008 year Yet the plan effective date for an employee for his HMO 1/1/08. I know we set a new rate table for each year of the plan


They then asked why we don't maintain separate yearly rate tables for life or disability plans.

I just didn't think saying " that's how we always do it" would cut it.

Any help appreciated

Thanks


SAH - April 1, 2008 12:42 PM (GMT)
If your life and disability rates changed every year, you'd also have the start date of the first since the changes would also be based on rates and not just a coverage change. If your benefit department wants to see the 1/1 start date across the board, ask your administrator to increase your rates annually. Just kidding - I would think it would be a good thing that all rates aren't changing annually.

ohthatsme - April 1, 2008 01:40 PM (GMT)
thx steph,

so it sounds like the health and medical have been done correctly.


you're right - the life & disability rates have been rarely changed - but very slightly. apparently the predessor who administered the benefit rates in lawson, did not , set up a new rate table for disbaility or life plans when these rates did change- he merely over wrote the old life or disability rates table. -

ain't that great?

otm


:bonk: :bonk:

SAH - April 1, 2008 02:06 PM (GMT)
Don't you love inheriting what someone else did, and then have to explain it? Sounds like you work with me.... :bonk:




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