Minimum coverage formula prevents previous coverage default
We have a requirement that an employee who has already purchased a benefit can only decrease coverage by 50,000 (one increment) during the open election.
As we already had a maximum coverage formula to restrict maximum coverage in the same way I amended this and applied to a minimum coverage formula.
The formula does work and does restrict coverage to only decrease by 50,000. However since i applied the formula, the existing coverage no longer rolls over into the open election.
For example an employee purchases 400,000 or cover last year. Previously when i processed the open election for this year the 400,000 of existing coverage rolls over into this election.