Write-Off Charges during Post Runout
Oracle Revenue Management and Billing enables you to write-off the claim, specific stop-loss, aggregate stop-loss, claim based fees, enrollment based fees, ancillary, discount, and funds charges when the bill is generated in the post runout period of the policy. In this case, a write-off adjustment is created against the respective bill segment during the post bill completion. The write-off adjustment is created using the post runout write-off adjustment type which is specified in the respective pricing rule type.
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Set the Eligible for Write-Off in Post Runout field in the respective pricing rule type to Yes.
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Specify the post runout write-off adjustment type in the respective pricing rule type.
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Attach the C1-PRCRLWOFF algorithm to the Post-Bill Completion system event in the customer class of the accounts for which you want to write-off the charges in the post runout period of the policy.