Editing a Level Funded Pricing Rule of a Bill Group

Prerequisites

To edit a level funded pricing rule of a bill group, you should have:

  • Business Object C1-PricingRuleLevelFunded defined for the level funded pricing rule.

Procedure

To edit a a level funded pricing rule of a bill group:

  1. Search for a parent customer in the Customer 360° View screen.
  2. In the Search Results section, click the View (The View Icon) icon corresponding to the parent customer whose pricing details you want to view.
    The Person tab appears in the Customer 360° Information screen.
  3. Click the Pricing tab.
    The Pricing tab appears. It consists of the following zones:

    • Parent Customer Pricing Rule Summary

    • Bill Group ASO Policy Information

    • Bill Group ASO Policy Pricing Rules

    • Bill Group Pricing Groups

    • Pricing Rule Approval Transactions

  4. Click the Broadcast (The Broadcast Icon) icon in the Bill Group ASO Policy Information zone, corresponding to the Bill Group Information column, whose details you want to view.
    The Bill Group ASO Policy Pricing Rules zone appears.
  5. Click the Edit (The Edit Icon) icon in the Bill Group ASO Policy Pricing Rules zone, corresponding to the Pricing Rule Type column, whose details you want to edit.
    The Level Funded (LF) Pricing Rule screen appears. It contains the following sections:

    • Customer Information - Displays the customer information for the bill group.

    • Main - Used to specify basic details about the level funded pricing rule.

    • Accumulation Criteria - Used to define the accumulation criteria in a level funded pricing rule.

    • Pricing Information for rule type category : Claim - Used to define the line items in a particular claim pricing rule or those which are associated with the level funded rule type category.

    • Pricing Information for rule type category : Ancillary - Used to define the line items in a particular ancillary pricing rule or those which are associated with the level funded rule type category.

    • Pricing Information for rule type category : Discount - Used to define the discount arrangement pricing rule which is effective for level funding calculations.

    • Pricing Information for rule type category : Retention - Used to define the retention pricing rule which is effective for level funding calculations.

    • Characteristics - Used to define the characteristics for the level funded pricing rule.

    The Customer Information section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Bill Group Information Displays the bill group information of the level funded pricing rule. Not applicable
    Policy Start Date Displays the policy start date. Not applicable
    Policy End Date Displays the policy end date. Not applicable
    Policy Status Indicates the policy status for the level funded pricing rule. The valid values are:

    • In Force/Active

    • Post Runout

    • Runout

    		 Not applicable
    Pricing Rule Type Indicates the pricing rule type for the level funded pricing rule. Not applicable

    The Main section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Price Item Indicates the price item. Not applicable
    Parent Customer's Pricing Rule Indicates the pricing rule of the parent customer. Not applicable
    Pricing Start Date Indicates the pricing rule start date. Not applicable
    Pricing End Date Indicates the pricing rule end date. Not applicable
    Rate Option Indicates the rate option to edit the level funded pricing rule for the price item. Not applicable
    Settlement Fund Item Indicates the price item derived from the level funded pricing rule type, used to create the level funded pricing rule type. Not applicable
  6. Modify the details in the Main section.
  7. Modify the accumulation criteria in a level funded pricing rule for a bill group.
  8. Modify the pricing information for the claim rule type category for a bill group.
  9. Modify the pricing information for the ancillary rule type category for a bill group, if required.
  10. Modify the pricing information for the discount rule type category for a bill group, if required.
  11. Modify the pricing information for the retention rule type category for a bill group, if required.
  12. Add, edit, or remove characteristics for the characteristics for a level funded pricing rule, if required.
  13. Click Save.
    The changes made to a level funded pricing rule for a bill group are saved.

Related Topics

For more information on... See...
Customer 360° Information - Pricing tab Customer 360° Information - Pricing Information
Bill Group ASO Policy Pricing Rules zone Bill Group Self-Funded Policy Pricing Rules
How to define markup or markdown values for line items in a claim pricing rule Defining the Markup or Markdown Values For Line Items in a Claim Pricing Rule
How to define a characteristic for a claim pricing rule Defining a Characteristic for a Claim Pricing Rule