IndexAdjustment

Description
This aggregate is used to assist in the application of rate changes due to factors such as rampant inflation in a country.

Type : Aggregate
DataType : IndexAdjustment_Type

Elements
EffectiveDtThis is an effective date, the explicit meaning of which is implied by its parent or its usage.
IndexAdjustmentAmtThe amount by which the limit or deductible increases
IndexAdjustmentDescA textual description of how the indexing works.
IndexAdjustmentFrequencyCdA code identifying the frequency with which the index limit amt/rate is applied. This element uses the Frequency code list.
RateThe rate or factor used to calculate the premium.

Attributes
idThis attribute is an identifier to a specific element.