Add/Modify Coverage Plan Benefit

Click on the Plan Lookup Icon from the Insurance Sidebar Menu.  From the Coverage Plan Lookup Screen, select Add or Modify. Click on the Core Benefits tab and then click on the Add Benefit or Modify Benefit Button.

Coverage Plan Benefit Overview

The Add Coverage Plan Benefit Screen lets you build the list of core benefits for the plan.  It is also used to add or modify benefits for existing coverages.  Core benefits are not associated with any particular coverage.  Core benefits are like master benefits that are copied into coverages when you set up a new coverage.  That way, you don't have to type them in each time.

Building your list of core benefits.

Building your list of core benefits.

Click on the underlined field name below to see more information.

Benefit Type

In Network (Column 1) and Out Of Network (Column 2)

The labels for these two columns can be customized on the previous screen, the Add Master Coverage Plan Screen.  If you leave the labels blank, they default to In Network and Out Of Network.

See Also

 

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Core Benefits are especially useful for describing Health insurance plans and Income Protection plans.  They can also be used to describe bailout provisions for Annuities.