Premium Tiers
Premium Tier
A premium tier is a re-usable look-up table for policy enrollment structures or "risk profiles" to support premium calculation per policy rather than premium calculation per member.
A premium tier has the following fields:
- Code
-
The code of the premium tier
- Display Name
-
The display name of the premium tier
- Equation Type
-
Specifies the number of enrollments comparison. Possible values are:
'Exactly', 'At least', and 'No more than' - Number of Enrollments
-
The total number of enrolled persons or objects on a policy in relation to the equation type
Premium Tier Type
A premium tier only specifies the total number of enrolled persons or objects on a policy. A tier can be specified in more detail by setting up 'premium tier types' that specify which enrollments types must (not) be part of the tier:
- Enrollment Type
-
Reference to an enrollment type
- Equation Type
-
Specifies the number of enrollments comparison. Possible values are: 'Exactly', 'At least', and 'No more than'.
- Number of Types
-
The total number of enrolled persons or objects of an enrollment type on a policy in relation to the equation type