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Type:
Bug
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Status:
Closed
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Priority:
Medium
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Resolution:
Bug Fixed
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Affects Version/s:
None
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Fix Version/s:
None
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Module:
BenAdmin
- Report
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Company:
All Clients/Multiple Clients
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Item State:
Stage QA
- Production Deployment on Hold
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Development Approval:
Yes
Please review the Billing Summary Report in Production - Client Name - Superheat FGH. This needs to be corrected as soon as possible, this is affecting the client and they as many other clients use this report to submit their volume and counts to their Life carriers to pay their premiums.
The following plan premiums are not calculating correctly:
Plan 1:
Basic Life - Basic Life - Lincoln Financial Group
Rate Name: 2016 - 2018 Basic Life-Basic Life
Report shows $3,134.56, but when you manually calculate it the premium comes out to be $3,134.05 (volume*rate/coverage divisor) (16072050.00*0.1950/1000). There is a difference of $0.51.
Plan 2:
Plan: Basic AD&D-Basic AD&D-Lincoln Financial Group
Rate Name: 2016 - 2018 Basic AD&D-Basic AD&D
Report shows $401.33, but when you manually calculate it the premium comes out to be $400.83 (volume*rate/coverage divisor) (16033050.00*0.0250/1000). There is a difference of $0.50.
Plan 3:
Plan: Voluntary Child Life-Voluntary Child Life-Lincoln Financial Group
Rate Name: 2016 - 2018 Vol Child life-Child Life
Report shows $75.62, but when you manually calculate it the premium comes out to be $75.73 (volume*rate/coverage divisor) (380000.00*0.1993/1000). There is a difference of $0.11.
This is also similar to WT 9738.
Deborah Mascot
lisa davison
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For all details please refer
WT-11470.