To process reassessment details, the eligibility and entitlement engine compares the actual details to the reassessed details, i.e., the financial data. The following table illustrates this process:
Cover Period |
Actual Amount |
Reassessed Financial Data Item Amount |
Difference |
|---|---|---|---|
March 12th - March 18th |
0 |
36 |
-36 |
March 19th - March 25th |
0 |
63 |
-63 |
March 26th - April 1st |
10 |
63 |
-53 |
April 2nd - April 8th |
74 |
63 |
11 |
April 9th - April 15th |
77 |
63 |
14 |
April 16th - April 22nd |
77 |
0 |
77 |
April 23rd - April 29th |
77 |
0 |
77 |
April 30th |
11 |
0 |
11 |
Totals |
326 |
288 |
38 |
To determine if an over or underpayment exists, the eligibility and entitlement engine calculates the total difference between the actual amounts and the reassessed amounts.
Using the values in the Differences column in the above table, the total Difference between the actual amounts and the reassessed amounts = -36 + -63 + -53 + 11 + 14 + 77 + 77 + 11 = 38
The total difference, 38, shows that there is a new underpayment for this reassessment period. The system compares this new underpayment to any existing over or underpayments within the same reassessment period.