Age-Banded Rate Calculator for Medical Plans
We recently released a rate calculator for age-banded medical insurance plans that calculates the rate for Employee-coverage only. This new release adds rate calculation for coverages that also include a spouse/domestic partner and children, rounding out the age-banded rate calculator for medical insurance to be able to serve most of your needs.
This update offers the following two major benefits:
- Your employees will be able to see their rate for an age-banded medical plan during benefits enrollment, regardless of the coverage level they want.
- You won't have to calculate and manually enter rates for age-banded medical plans.
As always, we love your feedback! To provide product feedback on this feature and more, head over to our product feedback page and let us know how we’re doing.