Update insurance benefit plan rates

Ensure all required fields contain valid values before updating rates.

• Plan Is In Effect From/To date fields
• Current Amounts Went Into Effect On Date field
• Employee Coverage Begins Date field
• Employee Coverage Ends Date field
• Latest Change to Amounts Date field

Update benefit plan rates

1. From the Navigation Pane, select Setup, Employees and Insurance Plans.
2. Identify and open the benefit plans you want to change.
3. Select the Employee Premium tab and update the rates.
4. Select the Dependent Premium tab and update the rates.
5. Select the Employee Contribution tab and update the rates.

Update the rate table when applicable

If the system calculates rates from a rate table, update the rate table directly.

1. From the Navigation Pane, select Setup, Employees and Rate Table Setup.
2. Highlight and open the rate table.
3. Update the values on the Rate Table tab.
4. Apply the changes.