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 a percentage, 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).