Premium Recalculation After Adding Member Is Not Correct.
Last updated on MAY 30, 2018
Applies to:Oracle Health Insurance Enterprise Policy Administration - Version 22.214.171.124 and later
Information in this document applies to any platform.
The Premium recalculation after adding member is not correct.
Policy contract period 01/01/2018 – 31/12/2018
Premium 0 dirhams/year
Adjustment 150 dirhams/year
1 member insured for the whole contract period:
Expected VAT 5% of 150 = 7.50
Calculated VAT 7.56
Same policy. Now adding a new member start date enrollment 01/03/2018:
In December the first member is charged 3 (2 extra) times the adjustment. All the other months the first member is charged 1 time the adjustment.
Same policy as situation 1. Now adding a new member start date enrollment 01/04/2018:
In December the first member is charged 4 (3 extra) times the adjustment. All the other month the first member is charged 1 time the adjustment.
Due to this issue, members will be charged incorrectly.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms