I work in the health insurance domain and believe me it helps to have a little bit of domain knowledge. Every employee who is enrolled in a benefit plan can have dependents and beneficiaries attached to the plans.
 |
| Source: http://letsallgetcovered.org/ |
You enter dependents in order to make them eligible for benefits such as medical insurance coverage.
You enter beneficiaries to identify individuals who are entitled to receive benefits in the event of an employee's death, for example, life insurance or 401(k) beneficiaries.
Currently, in our system we have different pages through which the beneficiaries and dependents are added into the system. Further, there are different tables in which they are stored in the back-end.
References:
1. https://docs.oracle.com/cd/E26228_01/doc.93/e21932/ww_depend_benefic.htm#WEAHB173
No comments:
Post a Comment