Defining the Default Markup or Markdown Values for Line Items in a Claim Template

Procedure

To define the markup or markdown values for line items in a claim pricing rule:

  1. Ensure that the Default Markup or Markdown Values section is expanded when you are defining, editing, or copying a claim template.

    The Default Markup or Markdown Values section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Pricing Strategy Used to indicate the pricing strategy. The valid values are:

    • Markdown

    • Markup

    • None

    		 No
    Markup or Markdown Type Used to indicate the markup or markdown type for the claim line items. The valid values are:

    • Flat Amount

    • Percentage

    		 No
    Markup or Markdown Amount Used to specify the markup or markdown amount. No
    Markup or Markdown Percentage Used to specify the markup or markdown percentage. No
    Editable Used to indicate whether the rate specified for a rate type is editable when you use the claim template in a claim pricing rule. Not applicable
    Rate Type Indicates the minimum and maximum markup or markdown defined using the rate type. Yes (Conditional)
    Note: This field is required when you define the rate from the respective field.
    Rate Used to specify the value for minimum and maximum markup or markdown using the rate type. Yes (Conditional)
    Note: This field is required when you select the rate type from the respective field.
  2. Enter the required details in the Markup or Markdown Values section.
  3. If you want to add more than one default markup or markdown value in the claim template, click the Add (The Add Icon) icon and then repeat step 2.
    Note: However, if you want to remove a default markup or markdown value from the claim template, click the Delete (The Delete Icon) icon corresponding to the line item.
  4. Click Save.
    The markup or markdown values for line items are defined for the claim template.

Related Topics

For more information on... See...
How to define a claim template Defining a Claim Template
How to edit a claim template Editing a Claim Template
How to copy a claim template Copying a Claim Template