Specifying Employer contributions

While building a plan, you can specify Employer Contributions as follows:

• First, decide whether your group prefers to set contribution strategy based on "Employee + Dependents" or based on "Dependents Only".
  • "Employee + Dependents" mode calculates the true $ or % of the employee + dependent rate.
    • Ex: If Employee + Spouse rate= $400, 50% employer contribution is $200
  • "Dependents Only" mode removes the employee's share of the rate from the calculation.
    • Ex: If the Employee rate= $200 and Employee + Spouse rate= $400, 50% employer contribution would be $100 (($400-$200)*50%) 
• Next, decide whether the employer contribution should be specified by dollar amount ($) or by percentage (%). The application will automatically calculate the resulting $ amount if you input % values, and the % values if you input $ amounts.
• While creating or editing a current plan, you can choose to "Apply to All Renewal Plans". Tap this button if you would like to apply the contribution strategy that you specified for that plan, to all renewal plans.
• Note: contribution values may be specified that exceed the associated tier rate.