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  1. WORKTERRA
  2. WT-11470

Superheat - Billing Summary Report - Premium is not calculating correctly

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    Details

    • Type: Bug
    • Status: Closed
    • Priority: Medium
    • Resolution: Done
    • Affects Version/s: None
    • Fix Version/s: None
    • Component/s: BenAdmin
    • Labels:
    • Environment:
      Production
    • Bug Type:
      Functional
    • Bug Severity:
      Critical
    • Module:
      BenAdmin - Report
    • Reported by:
      Client
    • Company:
      All Clients/Multiple Clients
    • Item State:
      Production Complete - Closed
    • Sprint:
      WT Sprint 41
    • Dev Estimates:
      35
    • QA Estimates:
      4
    • Code Reviewed By:
      Prasanna Karlekar
    • Development Approval:
      Yes
    • Deployment Approval:
      Approved for production deployment

      Description

      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

        Attachments

        1. 1.png
          74 kB
          Sanjana Jadhav
        2. 2.png
          72 kB
          Sanjana Jadhav
        3. 3.png
          57 kB
          Sanjana Jadhav
        4. 4.png
          97 kB
          Sanjana Jadhav
        5. BasicAD&D_ratCal_OK.jpg
          159 kB
          Prasad Pise
        6. BasicLife_ratCal_OK.jpg
          166 kB
          Prasad Pise
        7. BillingSummaryReport.xls
          12 kB
          Priya Handepatil
        8. FW 1211 Sprint - Development Approval.msg
          51 kB
          Gaurav Sodani
        9. Superheat - Billing Summary Report - Calc is not correct - Basic Life_Basic ADD.PNG
          113 kB
          Yamilka Coca
        10. Superheat - Billing Summary Report - Calc is not correct - Child Life.PNG
          57 kB
          Yamilka Coca
        11. VolChildLife_ratCal_OK.jpg
          156 kB
          Prasad Pise
        12. WT-11470_Discrepancy.xlsx
          21 kB
          Prasanna Karlekar
        13. WT-11470.jpg
          256 kB
          Priya Handepatil
        14. WT-11470 - Superheat - Billing Summary Report_Test Scenarios.xls
          10 kB
          Meghana Joshi

          Issue Links

            Activity

              People

              Assignee:
              Yamilka.Coca Yamilka Coca (Inactive)
              Reporter:
              Yamilka.Coca Yamilka Coca (Inactive)
              Account Executive:
              Yamilka Coca (Inactive)
              Developer:
              Parmeshwar Jumbad (Inactive)
              QA:
              Sanjana Jadhav (Inactive)
              Votes:
              0 Vote for this issue
              Watchers:
              8 Start watching this issue

                Dates

                Created:
                Updated:
                Resolved:
                Dev Due Date:
                Pre-Prod Due Date:
                Production Due Date:
                Code Review Date:

                  Time Tracking

                  Estimated:
                  Original Estimate - 35h Original Estimate - 35h
                  35h
                  Remaining:
                  Remaining Estimate - 0h
                  0h
                  Logged:
                  Time Spent - 51.5h
                  51.5h