Apply a Fee Schedule

This example shows the configuration for a fee schedule that consists of fees for different fee definitions.

Step 1 - Setup Time Period

The first step is to set up a time period for which the premium amounts apply.

Table 1. Step 1 - Setup Time Period
Time Period

Name

Start

End

Calendar year 2020

2020-01-01

2020-12-31

More time periods can be set up later, for example, when we want to specify premium amounts for calendar year 2021.

Step 2 - Setup a Schedule Definition

The second step is to set up a schedule definition. The schedule definition controls which columns the fee schedule shows in addition to the fee. To add a column for the fee definition, add a single dimension:

Table 2. Step 2 - Setup a Schedule Definition
Schedule Definition

Code

Description

Type

Condition

FEE_DEF

Fees

Fee

-
Table 3. Step 2 - Setup a Schedule Dimensions
Schedule Dimensions

Display Name

Type

Dynamic Field Usage

Usage

Fee Definition

Dynamic Field

Fee Definition CODE [1]

Value

Step 3 - Setup a Fee Schedule

The next step is to set up a fee schedule, based on the schedule definition we just set up. Once the schedule definition has been saved on the fee schedule header, the fee schedule shows two columns: one for the fee definition and one for the fee.

Table 4. Step 3 - Setup a Fee Schedule
Fee Schedule

Code

Schedule Definition

FEES

FEE_DEF
Table 5. Step 3 - Setup a Fee Schedule Lines
Fee Schedule Lines

Fee Definition

Fee

CHANGE ADDRESS

10.00 USD

CHANGE HOLDER

20.00 USD

ID CARD

30.00 USD

NEW ENR

10.00 USD

NEW POL

20.00 USD

Step 4 - Assign the Fee Schedule

The fee schedule is now complete, but it won’t be applied in the fee generation until it is attached to a fee definition. To complete the example, set up a fee definition and link it to the fee schedule.

Table 6. Step 4 - Assign the Fee Schedule
Fee Definition

Code

Level

Fee Schedule

Reoccurring Fee?

Code (Dynamic Field)

ID CARD

Enrollment

FEES

Yes

ID CARD
1. A flex code dynamic field is configured on entity Fee Definition that represents the code of the fee definition; this way the code can be matched with the fee definition codes specified on the fee schedule lines (see below)