Interim rule is not working when using a Fast formula for optional plan rates

Summary:

Hi,

We have a Fast formula attached to the rates for optional life plan where the rate is calculated based on age, gender and smoker status. However, due to the fast formula the interim rule that is setup does not work correctly.

As per the interim rule, the previous coverage should continue when the plan is suspended and upon unsupension after putting the received date in the pending actions the new rate should take effect.

Currently, the fast formula does not consider the previous coverage and puts the new rate and coverage when the plan is suspended and the new rate is in effect even though the plan is suspended.