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How to cater employee insurance plans in oracle?

Discussion in 'Oracle HRMS & Payroll' started by Zain Ahmed, Apr 14, 2016.

  1. Zain Ahmed

    Zain Ahmed Starter

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    Hello All,

    There is a scenario, our company buys employee insurance plan for the whole group thereby incorporating Employee as well as their dependents in that employee insurance plan. Now we have got Oracle HRMS implemented along with the license of Oracle Advance Benefits.

    Now I wanted to know is there any standard way to cater Employee Insurance within the system, so that we can cater coverage of employees and their dependents according to eligible criteria, followed by the maintenance of Insurance Premiums and their Insurance Coverage amount? Say for example if a person dies his dependents/beneficiaries will be entitled for a coverage amount of $100,000.

    If there is any documentations or any relevant material that anyone can share that how can complete the whole process in Oracle kindly share, it will be a relief for me.

    Kind Regards