Associating an Algorithm with a Tier Based Pricing Rule Type

Prerequisites

To associate an algorithm with a tier based pricing rule type, you should have:

  • An algorithm defined using the C1_​ACCPRIMEM algorithm type.

  • An algorithm defined using the C1-BILLPDRV algorithm type.

  • An algorithm defined using the C1-BILLRPCR algorithm type.

  • An algorithm defined using the C1-DERSUBTR algorithm type.

  • An algorithm defined using the C1_​MEMBGDRV algorithm type.

  • An algorithm defined using the C1_​TIERPREM algorithm type.

  • An algorithm defined using the C1-FICRETBC algorithm type.

  • An algorithm defined using the C1-TIERPRFC algorithm type.

  • An algorithm defined using the C1-SKPMNTHPC algorithm type.

Procedure

To associate an algorithm with a tier based pricing rule type:

  1. Ensure that the Algorithms section is expanded when you are defining or editing the tier based pricing rule type.

    The Algorithms section contains the following columns in a grid:

    Column Name Column Description Mandatory (Yes or No)
    System Event Used to indicate the system event when you want to invoke the algorithm. The valid values are:

    • Account and Price Item Derivation - Used to derive the account and price item for a membership.

    • Account and Price Item Derivation Post-Processing - Used to derive the bill period for the account.

    • Account and Price Item Derivation Post-Processing - Used to create the bill period timeline for the account.

    • Account and Price Item Derivation Post-Processing - Used to derive subscription tier for membership, based on the bill period configured on the account.

    • Bill Group Derivation - Used to derive the bill group, parent customer, and policy for a membership.

    • Premium Calculation - Used to calculate the premium for each eligible member person.

    • Billable Charge Creation Post Processing - Used to create new billable charges for both pre-calculated and post-calculated charges.

    • Pricing Rule Proration Amount Calculation - Used to calculate proration factor and amount for tier based pricing rule based on the policy plan configurations.

    • Skip Month Premium Calculation - Used to distribute the total premium in the non-skip months of the coverage period.

    		 Yes
    Note: This field is required when you are associating an algorithm with the tier based pricing rule type.
    Sequence Used to specify the order in which the algorithms for each system event must be executed. Yes (Conditional)
    Note: This field is required when you are associating an algorithm with the tier based pricing rule type.
    Algorithm Used to specify the algorithm.
    Note:

    Once you select the system event, the Search (The Search Icon) icon appears corresponding to the Algorithm field. On clicking the Search (The Search Icon) icon, the Algorithm Search window appears.

    On specifying the algorithm, the description of the algorithm appears corresponding to the Algorithm field.

    		 Yes (Conditional)
    Note: This field is required when you are associating an algorithm with the tier based pricing rule type.
  2. Enter the following details in the Algorithms section:
    System Event Algorithm Algorithm Type Description
    Account and Price Item Derivation C1_​ACCPRIMEM C1_​ACCPRIMEM Account and PriceItem Derivation for Membership
    Account and Price Item Derivation Post-Processing C1-BILLPDRV C1-BILLPDRV Bill Period Derivation
    Account and Price Item Derivation Post-Processing C1-BILLRPCR C1-BILLRPCR Bill Period Time Line Creation
    Account and Price Item Derivation Post-Processing C1-DERSUBTR C1-DERSUBTR Derive Subscription Tier for Membership
    Bill Group Derivation C1_​MEMBGDRV C1_​MEMBGDRV Bill Group Derivation for Membership
    Premium Calculation C1_​TIERPREM C1_​TIERPREM Tier Based Premium Calculation
    Billable Charge Creation Post Processing C1-FICRETBC C1-FICRETBC Fully Insured Charge Creation for Memberships
    Pricing Rule Proration Amount Calculation C1-TIERPRFC C1-TIERPRFC Calculate Proration Factor for Tier Based Pricing Rule
    Skip Month Premium Calculation C1-SKPMNTHPC C1-SKPMNTHPC Skip Month Premium Calculation
  3. If you want to associate more than one algorithm with the tier based pricing rule type, click the Add (The Add Icon) icon and then repeat step 2.
    Note: However, if you want to disassociate an algorithm from the tier based pricing rule type, click the Delete (The Delete Icon) icon corresponding to the algorithm.
  4. Click Save.
    The algorithms are associated with the tier based pricing rule type.

Related Topics

For more information on... See...
How to define a tier based pricing rule type Defining a Tier Based Pricing Rule Type
How to edit a tier based pricing rule type Editing a Tier Based Pricing Rule Type