Where there is more than one case decision objective tag associated with a case decision objective, the eligibility and entitlement engine must determine the appropriate objective tags to use when creating financial components. The eligibility and entitlement engine uses the nominee delivery pattern frequency to determine the base objective tag. This base objective tag is used to create recurring financial components. Thus, if the nominee delivery pattern frequency is weekly, and there is a case decision objective tag with a weekly rate, the eligibility and entitlement engine will use this weekly rate for creating any recurring financial components.
The eligibility and entitlement engine uses the case decision objective tags that have a period less than the base objective tag to create once-off financial components. Thus, if the base objective tag is the weekly rate and there is also a case decision objective tag with a daily rate associated with the case decision objective, the eligibility and entitlement engine will use this daily rate for creating any once-off financial components.
The following example demonstrates how the eligibility and entitlement engine uses the multiple objective tags to create financial components:
Nominee Delivery Pattern Frequency: Weekly
Case Decision Objective: Max Personal
Case Decision Objective Tag 1: Daily Rate of 10
Case Decision Objective Tag 2: Weekly Rate of 70
The value of all recurring financial components will be based on the weekly rate, i.e., 70.
The value of all once-off financial components for the Max Personal Objective will be based on the following equation:
Number of days * daily rate = Number of days * 10