Multiple of Parent Rate Calculation Method Example

The calculation method and other settings defined for a rate determine how and when the rate is calculated. For example, the rate might be calculated prior to enrollment, upon enrollment, or after enrollment has been completed.

Scenario

The example in this topic shows the rate calculation details when you use the Multiple of Parent Rate calculation method.

Inputs to Calculation

Calculated Rate

Calculation Details

Multiplier: 2

Parent Rate Operator: Multiply by

Parent Rate: 2.5 (value derived from selected Parent Rate Name)

5

2 * 2.5