Pricing Calculation Details
The Pricing Calculation Details zone indicates how the amount is calculated for the timeline. If the age based pricing is used during the membership premium calculation, this zone lists the premium calculated for each eligible member of the membership. It also displays the base fee and modifier fee which are applicable for each eligible member. However, if the tier based pricing is used during the membership premium calculation, this zone lists the premium calculated at the membership level. It contains the following columns:
| Column Name | Column Description |
|---|---|
| Entity Information | If the age based pricing is used during the membership premium calculation, this column indicates the eligible member for whom the premium amount is calculated. However, if the tier based pricing is used during the membership premium calculation, this column indicates the main subscriber of the membership. |
| Description on Bill | Displays the description of the rate component for which the price component is created in the age based or tier based pricing. |
| Pricing Parameter | Indicates the pricing eligibility criteria which is satisfied while deriving the base fee. |
| Amount | Displays the base fee or applicable modifier fee. |
| Proration Factor | Indicates the proration factor which is derived using the
proration rules defined for the fully-insured group policy plan. Note: The data appears in this column when the proration rule for the respective
event is defined for the fully-insured group policy plan.
|
| Distributed Amount | Displays the premium amount which is calculated for the non-skip
billing periods. Note:
The data appears in this column when the 9/10 Billing (Skip Months) feature is enabled for the account. If the age based pricing is used during the membership premium calculation, this column displays the distributed amount for the eligible member. However, if the tier based pricing is used during the membership premium calculation, this column displays the distributed amount for the membership. |
| No. of Billing Periods | Indicates the number of the non-skip billing periods of the
account. Note: The data appears in this column when the 9/10 Billing (Skip Months) feature is enabled for the
account.
|
| Total Contract Period Amount | Displays the premium which should be paid for the entire
contract period (in other words, total premium for the skip and non-skip
billing periods). Note:
The data appears in this column when the 9/10 Billing (Skip Months) feature is enabled for the account. If the age based pricing is used during the membership premium calculation, this column displays the total contract period amount for the eligible member. However, if the tier based pricing is used during the membership premium calculation, this column displays the total contract period amount for the membership. |
| Total Amount | If the age based pricing is used during the membership premium calculation, this column displays the sum total of the base fee and modifier fee (if any) for the eligible member. However, if the tier based pricing is used during the membership premium calculation, this column displays the base fee applicable for the membership. |
By default, the Pricing Calculation Details zone does not appear in the Contracts and Charges tab of the Membership screen. It appears
when you click the Broadcast (
) icon corresponding to a timeline
in the Billable Charge Timeline Details zone.
Related Topics
| For more information on... | See... |
|---|---|
| How to view the pricing calculation details of a timeline | Viewing the Pricing Calculation Details of a Timeline |
| Premium Proration Rules | Premium Proration Rules |