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Contributions can be set up for all employees or a different contribution structure based on Groups or Locations. The default setting is for contributions to be same for all employees.
Different contributions strategies can be set by selecting it from the dropdown.
Contribution by Coverage Tier - Select coverage tier
Select a contribution rule: Company Flat $, Company Flat %, or Employee Flat $ amount. For a % contribution, you have an option to input a maximum dollar value. If left blank, no maximum dollar amount will apply.
For all dependent tiers, you can select additional strategies beyond a flat contribution rule. In addition to employee tier contributions, you may set it so that the employee or employer can contribute an additional amount.
Base/Buy Up - Contributions
When using a Base/Buy-Up Plan, the system calculates the employee's contribution based on the difference between the base plan and the buy-up plan. The Base plan should be from the same product type (e.g., Medical). The Base Plan should be active and have valid contribution options. Even if the employee is not eligible for the base plan, the employee's contribution is based on the difference between the Base Plan and the Buy-Up Plan.
For example, an employee of a California company who lives outside of California will use the employer contribution established for the California base plan as a contribution towards the out-of-state plan.