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NEW QUESTION 36
A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?
- A. 0
- B. 1
- C. 32.5
- D. 2
Answer: A
NEW QUESTION 37
Can you define overspending of a budget pool in flex credit shell plans?
- A. Yes, you can define it in the standard rates.
- B. Yes, you can define it as per the flex credit formula.
- C. Yes, you can define it in the spending options.
- D. No, you do not have a place holder.
Answer: C
NEW QUESTION 38
Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. The Timeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?
- A. The Marriage event occurred before the Transfer event.
- B. The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
- C. No collapsing rule was set.
- D. The employee is not eligible for life events.
Answer: B
NEW QUESTION 39
How many life events can be included in a collapsing rule?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 40
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?
- A. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
- B. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
- C. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
- D. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
- E. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
Answer: A
NEW QUESTION 41
......
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