Rate Table
Common for Medical, Dental, Vision
Flat premium amounts per coverage level.
All rates in iSolved are determined by monthly values and then broken up by pay schedule to determine per-pay deductions for running payroll.
Rate Table Structure
- What coverage levels exist for the plan? ex. Employee Only, Employee + Spouse, Employee + Child(ren), Family
- Are the rates cost-banded? ex. costs vary by Age; Salary; Tobacco Use
- What are the total monthly premiums for each coverage level and cost band?
- What percentage or dollar amount of the premiums does the employee / employer pay?