Add-ons

An add-on represents an option for the policy-holder or group account to extend the coverage included in the (bare) enrollment product at the cost of a surcharge to the enrollment product’s premium.

For example, an enrollment product may include coverage for only standard medical services. On top of the standard coverage, the enrollment product offers a choice to include additional coverage for vision and pharmaceutical services. If an insured chooses to include that additional coverage, a surcharge to the premium will apply.

Each add-on has premium costs associated with it, specified in an add-on premium schedule in the context of an enrollment product and time period. The time period represents the span during which the premium cost of the add-on applies. These costs can be amounts or percentages. Note that a dynamic logic function can also be used to calculate the amount cost. If it is specified as apercentage, it is based on the premium for the enrollment product to which the add-on applies. The premium cost, is always specified within the context of either an enrollment product (through the add-on premium schedule) or a group account product (as an override of the cost specified on the add-on premium schedule in the context of an enrollment product).