268 Annuity Activity

Functional Group PF

X12N Insurance Subcommittee

This Draft Standard for Trial Use contains the format and establishes the data contents of the Annuity Activity Transaction Set (268) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set is used to convey annuity account activity from annuity providers to distributors (e.g., broker/dealers, financial planners, banks, savings and loans) for the purpose of communicating account positions and transaction activity.

Heading

Position
Segment
Name
Max use
  1. To indicate the start of a transaction set and to assign a control number

  2. To indicate the beginning of a transaction set

  3. To specify the currency being used in the transaction set

  4. To specify any or all of a date, a time, or a time period

  5. NM1 Loop Optional
    Repeat 2
    1. To supply the full name of an individual or organizational entity

    2. To specify the location of the named party

    3. To specify the geographic place of the named party

    4. To specify identifying information

    5. To identify a person or office to whom administrative communications should be directed

Detail

Position
Segment
Name
Max use
  1. N1 Loop Mandatory
    Repeat >1
    1. To identify a party by type of organization, name, and code

      The N1 loop repeats for each distributor.
    2. To specify additional names

    3. To specify the location of the named party

    4. To specify the geographic place of the named party

    5. To specify identifying information

    6. To specify any or all of a date, a time, or a time period

    7. PID Loop Optional
      Repeat >1
      1. To describe a product or process in coded or free-form format

        The PID loop contains product information.
      2. To indicate the details and status of a product or product activity

      3. To specify basic item identification data

      4. To report information

    8. PO1 Loop Optional
      Repeat >1
      1. To specify basic and most frequently used line item data

        The PO1 loop contains fund information.
      2. To indicate the details and status of a product or product activity

      3. To indicate the total monetary amount

      4. To report information

    9. ACT Loop Optional
      Repeat >1
      1. To specify account information

        The ACT loop contains information on groups of individuals sponsored by an organization or association and referenced in the transaction.
      2. To specify the location of the named party

      3. To specify the geographic place of the named party

      4. To indicate the details and status of a product or product activity

      5. To specify any or all of a date, a time, or a time period

      6. To specify basic item identification data

      7. To indicate a quantity, and/or amount for an identified period

      8. To report information

    10. CON Loop Optional
      Repeat >1
      1. To specify contract or reference number and status

        The CON loop repeats for each contract being reported.
      2. To specify identifying information

      3. To specify basic item identification data

      4. To specify any or all of a date, a time, or a time period

      5. To indicate the details and status of a product or product activity

      6. To indicate the total monetary amount

      7. To indicate a quantity, and/or amount for an identified period

      8. NM1 Loop Optional
        Repeat >1
        1. To supply the full name of an individual or organizational entity

          The NM1 loop reports all entities related to the contract.
        2. To specify additional names

        3. To specify the location of the named party

        4. To specify the geographic place of the named party

        5. To specify identifying information

        6. To supply demographic information

        7. To supply beneficiary, co-participant, and owner information

        8. To specify any or all of a date, a time, or a time period

        9. To indicate the action to be taken with the information provided or the status of the entity described

      9. BLI Loop Optional
        Repeat >1
        1. To specify basic item data: item identification, quantity, and price

        2. To specify basic item identification data

        3. To indicate the details and status of a product or product activity

        4. To specify any or all of a date, a time, or a time period

        5. To specify a code and the amount or quantity or percentage associated with it

      10. IT1 Loop Optional
        Repeat >1
        1. To specify the basic and most frequently used line item data for the invoice and related transactions

          The IT1 reports transactions activity.
        2. To specify identifying information

        3. To specify any or all of a date, a time, or a time period

        4. To specify a code and the amount or quantity or percentage associated with it

        5. To indicate the details and status of a product or product activity

        6. To provide a free-form format that allows the transmission of text information

        7. ACT Loop Optional
          Repeat >1
          1. To specify account information

          2. To specify basic item identification data

          3. To indicate the details and status of a product or product activity

          4. To specify a code and the amount or quantity or percentage associated with it

          5. To specify any or all of a date, a time, or a time period

          6. To provide a free-form format that allows the transmission of text information

        8. NM1 Loop Optional
          Repeat >1
          1. To supply the full name of an individual or organizational entity

          2. To specify additional names

          3. To specify the location of the named party

          4. To specify the geographic place of the named party

          5. To indicate the details and status of a product or product activity

          6. To transmit information required to establish payment or remittance activity

          7. To indicate the total monetary amount

          8. To specify pertinent dates and times

          9. To transmit an electronic identity

          10. EFI Loop Mandatory
            Repeat >1
            1. To provide basic information about the electronic format of the interchange data

            2. To transfer binary data in a single data segment and allow identification of the end of the data segment through a count; there is no identification of the internal structure of the binary data in this segment

      11. LX Loop Optional
        Repeat >1
        1. To reference a line number in a transaction set

          The LX loop reports contract valuations.
        2. To specify a code and the amount or quantity or percentage associated with it

        3. To specify any or all of a date, a time, or a time period

        4. RPA Loop Optional
          Repeat >1
          1. To identify rate amounts or percents for a specific cost or other line item

          2. To specify any or all of a date, a time, or a time period

          3. AMT Loop Optional
            Repeat >1
            1. To indicate the total monetary amount

            2. To specify identifying information

  2. To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)

Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference is provided for marketing purposes and is free of charge. All names, logos, and brands of third parties listed on our site are trademarks of their respective owners (including “X12”, which is a trademark of X12 Incorporated). Stedi, Inc. and its products and services are not endorsed by, sponsored by, or affiliated with these third parties. Our use of these names, logos, and brands is for identification purposes only, and does not imply any such endorsement, sponsorship, or affiliation.