EDI 485 Ratemaking Action

What is an EDI 485 Ratemaking Action?

The EDI 485 transaction set enables the electronic exchange of data relating to ratemaking. The data exchanged using an EDI 485 document includes the following ratemaking activities:

• Factor change
• Proposal rejection
• Proposal trace
• Publisher change
• Concurrence

The data contents and format of EDI 485 Ratemaking Action are used for the electronic interchange of information.

Workflow for the Exchange of an EDI 485 Ratemaking Action

EDI 485 falls under the category of X12I Transportation transaction set. This EDI document is used to exchange data required for ratemaking activities, such as factor change, proposal rejection and trace, publisher change, and concurrence.

Stay EDI Compliant with EDIConnect

With a built-in message parser, validator, and transaction builder, EDIConnect can handle transaction sets in X12 and EDIFACT formats. This helps businesses easily exchange EDI documents with their trading partners, allowing them to stay EDI compliant. Using EDIConnect, users can automate file uploads and downloads, create workflows, and transform files into the required format to streamline the process.