Voluntary Benefits with Age Based Rates

jmurdoch

We are looking into the possibility of offering voluntary benefits that have age based rates.  Any feedback you can provide around setting up age based rate benefits would be greatly appreciated!

1. Can Lawson hold the issue age for a benefit?  Meaning, the employee would enroll and keep the same rate the entire time they have the benefit, even though they move into different age bands? 
2. How do you set up age based rates for one voluntary benefit plan, when there is one set of age based rates for employee coverage and a second set of age based rates for employee + spouse coverage (all based on the employee's age)?
3. Lastly, when setting up age based rates, since I don't think #1 above is feasible, what would trigger an employee to move into the next age based rate?  We would only want employee's rates to change Jan 1st of each year. 

Thanks in advance for your help! 

unknown

1) and 3) from my experience depends on when you run the BN102. If you run it annually it will update when you run the BN102.

2) not sure if anyone else has done this a diff way, but unless you can create employee groups to distinguish the two to assign separate age rate tables for each contribution record, we create separate benefits plans