LIMRA Data Exchange Standards Community Support Forum

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  • 1.  Question

    Posted 05-07-2021 11:17
    Question for the group relating to Cancellations and Terminations: How are Cancellations (from Inception) to coverage intended to be handled?

    Lori Marcotte MBA
    Enfield CT

  • 2.  RE: Question

    Posted 05-07-2021 12:55

    We look at that as a Cancellation, but we do internally have some logic around how to handle coverages that pass a same day termination.

    Cory Gardner
    Windsor CT

  • 3.  RE: Question

    Posted 10-04-2021 14:12
    I'm inferring from your question that the coverage is never to have been effective -- all the way back to the beginning of time. In this instance, CoverageTerminationDate would typically be one day before the CoverageEffectiveDate. In other words, the coverage is effective for 0 days.

    The coverage might also have an event associated with it that has a EventReasonTypeCode of "Cancellation", but that is not a given. This situation could also arise during open enrollment or as a result of some valid qualifying event.

    The standard currently lacks a ReasonTypeCode for withdrawal.

    Lyle Griffin
    Selerix Systems, Inc.