C1-ASOPRUCPY

This algorithm is invoked when the Copy Pricing Rules option is selected while renewing a self-funded policy. It copies the following pricing rules of the base policy and creates new pricing rules for the renewed policy:

  • Claim

  • Retention Type Claim Based

  • Retention Type Enrollment Based

  • Recurring Flat Fees

  • Ancillary

While copying a pricing rule, the start and end dates of the new pricing rule are set to the renewed policy's start and end dates, respectively. If there are multiple pricing rules which are created using the same pricing rule type and are effective for the different date range, the system copies only one pricing rule from the base policy with the latest date range.