Example of finding a factor in a rate table

This example provides a simple rate table definition with two parameters for a salary: jurisdiction and amount. The Jurisdiction parameter is an exact match matching rule with priority 1. The Amount parameter is a greater than or equal matching rule with priority 10. In the rate table, PolicyCenter displays parameters from left to right in ascending priority order. Therefore Jurisdiction appears to the left of Amount.

In PolicyCenter, the rate table has Jurisdiction and Amount parameter columns and Factor rate factor column. The following table has additional Row and Description columns.

Row #

Jurisdiction

(exact)

Amount

(>=)

* Factor

Description

1

1.00

Matches any salary if both Amount and Jurisdiction are relaxed. This factor is the default factor.

2

80,000

2.50

Never matches because relaxing occurs from higher priority to lower priority, or right to left. Since Amount is specified, all parameters to the left must be specified.

3

CA

1.25

If Amount is relaxed, matches any salary in the California jurisdiction.

4

CA

30,000

1.50

Matches a salary in the amount of $30,000 to less than $50,000 in the California jurisdiction. The policy value $30,000 is greater than or equal to the parameter value.

5

CA

50,000

1.75

Matches a salary in the amount of $50,000 or more in the California jurisdiction.

6

NY

1.50

Matches any salary in the New York jurisdiction when the Amount is relaxed.

7

NY

50,000

1.75

Matches a salary in the amount of $50,000 or more in the New York jurisdiction.

A person who lives in California (CA) and has a $35,000 salary matches Jurisdiction and Amount in row 4 and gets a 1.50 factor. A person who lives in California and has a $20,000 salary does not match any Jurisdiction and Amount specified for California. Therefore, Amount is relaxed. The salary matches row 3 and gets a 1.25 factor.

A person who lives in Florida (FL) and has a $55,000 salary does not match the Jurisdiction and Amount for any row. When Amount is relaxed, the salary still does not match any Jurisdiction. When Jurisdiction is relaxed, the salary matches row 1.

See also