Get Real-Time Calculations of Employee and Employer Contributions for a Policy

See the split between employee and employer contributions while creating policies. Calculations during initial bulk enrollment and new hire enrollment are based on the specified group class of the primary members.

Where: This change applies to Enterprise and Unlimited editions of Financial Services Cloud Insurance and Health Cloud with the Insurance Industries Extension package.

Who: This feature is available to users with certain add-on licenses for Financial Services Cloud Insurance or Health Cloud.

• Add-ons for Financial Services Cloud Insurance: Insurance Product Administration, Insurance Policy Administration and Contract and Enroll.

• Add-ons for Health Cloud: Benefit Sales & Administration - Individual & Family Medicare or Benefit Sales & Administration - Group.

How: Specify the group classes for primary members in the large group enrollment and new hire enrollment CSV files. After you upload the file for enrollment, the employee and employer contributions for the policies are calculated based on the group class specified for the primary members.