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NEW QUESTION 52
Can you define overspending of a budget pool in flex credit shell plans?

• A. No, you do not have a place holder.
• B. Yes, you can define it as per the flex credit formula.
• C. Yes, you can define it in the spending options.
• D. Yes, you can define it in the standard rates.

Answer: C

NEW QUESTION 53
Which three are correct methods by which enrollment results can be created and made available for viewing?

• A. after the Evaluate Life Events batch process is completed successfully
• B. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
• C. when a default enrollment is processed
• D. after the Close Enrollment process has completed
• E. when an electable choice is saved as a part of self-service enrollment

Answer: A,B,E

NEW QUESTION 54
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

• A. This can be achieved via configuration.
• B. Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
• C. This can be achieved via customization only.
• D. This cannot be achieved.

Answer: A

NEW QUESTION 55
Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

• A. Standard Rate Value
• B. Standard input Value
• C. Standard Coverage Volume
• D. Standard wash Rule formula

Answer: B

NEW QUESTION 56
What are the different types of open enrollment options available under Scheduled tab in program?

• A. Open All and Unrestricted All
• B. Open Scheduled and Unrestricted Scheduled
• C. Open New Hire Enrollment and Unrestricted New Hire Enrollment
• D. Open Enrollment and Open Unrestricted Enrollment

Answer: C

NEW QUESTION 57
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