Defining Run-in Parameters in an Aggregate Stop-Loss Pricing Rule

Prerequisites

To define run-in parameters in an aggregate stop-loss pricing rule, you should have:

  • Settlement days defined in the application.

  • ASL limit during the policy period defined in the application.

  • ASL limit during the settlement period defined in the application.

Procedure

To define run-in parameters in an aggregate stop-loss pricing rule:

  1. Ensure that the Run-In Parameters section is expanded when you have selected an option from the Price Item field of Main section while defining an aggregate stop-loss pricing rule.

    The Run-In Parameters section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Run-In Used to specify whether the run-in parameters of the run-in period of policy are to be considered or not in an aggregate stop-loss pricing No
    Accumulation Group ID Displays blank column, accumulation group ID is generated when accumulation parameter values are defined for an aggregate stop-loss. Not applicable
    Incurred Start Date Used to specify the incurred start date based on the run-in period of the policy in the aggregate stop-loss.
    Note: This field is enabled when you select the checkbox for the Run-In field.
    		 Yes
    Incurred End Date Used to specify the incurred end date based on the run-in period of the policy in the aggregate stop-loss.
    Note: This field is enabled when you select the checkbox for the Run-In field.
    		 Yes
    Paid Start Date Used to specify the paid start date based on the run-in period of the policy in the aggregate stop-loss.
    Note: This field is enabled when you select the checkbox for the Run-In field.
    		 Yes
    Paid End Date Used to specify the paid end date based on the run-in period of the policy in the aggregate stop-loss.
    Note: This field is enabled when you select the checkbox for the Run-In field.
    		 Yes
    Run-In Maximum Limit Used to specify the maximum limit of the run-in parameters.
    Note: This field is enabled when you select the checkbox for the Run-In field.
    		 Yes
  2. Enter the required details in the Run-In Parameters section.
  3. Click Save.
    The run-in parameters are defined in the aggregate stop-loss pricing rule.

Related Topics

For more information on... See...
How to define an aggregate stop-loss pricing rule for a parent customer Defining an Aggregate Stop-Loss Pricing Rule for a Parent Customer
How to edit an aggregate stop-loss pricing rule of a parent customer Editing an Aggregate Stop-Loss Pricing Rule of a Parent Customer