coverage start date and previous coverage start date

Summary

what is the difference between coverage start date and previous coverage start date

Content

Hi,

 

I have setup a life event :

 

Coverage start date as : First of month on or after event

Rate startdate : First of month on or after event

 

Coverage end date : 1 day prior or month end

Rate end date : 1 day prior or month end

 

for designation requirement tab in the program : For medical Plan type> Life event > Coverage start date rule is first of next moth

Below is the transaction detail.

 

Employee1

 

Life event Death of Dependant
added on : 10-May-2018

Process the life event on
10-May-2018