Premium Calculation in Leap Year Not Correct
(Doc ID 2442756.1)
Last updated on MARCH 25, 2019
Applies to:Oracle Health Insurance Enterprise Policy Administration - Version 126.96.36.199.0 and later
Information in this document applies to any platform.
On : 188.8.131.52 version, Processing
OHI Policy Config Dev
Configuration Enrollment product:
- Amount Distribution: Daily
- Partial Period Resolution: Per Day
- Total adjustment per Year 200 EAD
- Premium amount is zero
- VAT is 5%
Problem. When a Contract period Start date of a policy is in 2020, OHI considers this to be a leap year. No matter if the 29th of February is part of the contract period.
Expectation: If the Contract period is 1 year. The total adjustment for all these periods must be 200 AED.
Due to this issue, the wrong premium is calculated.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document