Coverage Upper Limit Not Recognized When Used With Coverage Enter Value At Enrollment
Last updated on JULY 03, 2017
Applies to:
Oracle Advanced Benefits - Version 12.1 HRMS RUP7 and laterInformation in this document applies to any platform.
Goal
Customer is trying to use a conditional rule for the Maximum value a participant can select for Life Insurance.
The activity rate is set using a Flat Amount, Enter Value at Enrollment Calculation Method and the Max is 1,000,000.00.
The requirement is 1,000,000.00 OR 5x the participants salary.
- How can this be set up?
Customer has attempted to use a Ultimate Upper Limit fast formula but this is not recognized.
- How can we get the system to evaluate the rule to determine the Max on the plan?
Solution
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