Procedures in this chapter
The only required procedure to set up a benefit company is defining a Benefits Administration (BN) company. Defining COBRA parameters, occurrence types, and excess life insurance are optional.
Procedure | Description |
---|---|
Defining a BN Company | You must define a BN company before you can use the Benefits Administration application. |
Defining COBRA Parameters | Optionally, you define the defaults for tracking COBRA participants and invoicing COBRA and retiree participants. |
Defining COBRA Occurrence Types | Optionally, you define the occurrences and the number of months coverage extends for each occurrence. |
Defining Excess Life Insurance Rates | Optionally, you define the parameters for the application to calculate employee tax liability for the cost of excess life insurance. |