Update insurance benefit plan rates

Note: To ensure the 'Update Benefits' function processes correctly, enter valid values in the fields below for all insurance benefit plans.

• Plan Is In Effect From/To date fields
• Current Amounts Went Into Effect On Date field

Note: To ensure the 'Update Benefits' function runs correctly, all benefit plans assigned to employees must include valid values in the fields below.

• Employee Coverage Begins Date field
• Employee Coverage Ends Date field
• Latest Change to Amounts Date field

1. From the Navigation Pane, select Setup, Employees, and Insurance Plans.
2. Identify and detail the benefit plans you’ll change.
3. Select the Employee Premium Tab, Dependent Premium Tab and the Employee Contribution Tab and make the necessary adjustments to the rates.

If the rate is calculated by using a rate table, make the corrections on the specific rate table.

1. To change the rate table from Navigation Pane, select, Setup, Employees, Rate Table Setup.
2. Highlight and detail the Rate table and make the necessary changes on the Rate Table Tab.
3. Apply change.