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Minimum coverage formula prevents previous coverage default

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edited Mar 15, 2021 3:27PM in Benefits 4 comments

Content

hi Experts

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.

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