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NEW QUESTION 34
Which statement about configuring Designation Requirements is true?
- A. A plan must have multiple options for Designation Requirement to be configured.
- B. A Designation Requirement cannot be configured for a plan with no option.
- C. A Designation Requirement can be configured for a plan with no option.
- D. A plan must have the waive option for Designation Requirement to be configured.
Answer: A
NEW QUESTION 35
How many life events can be included in a collapsing rule?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
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. 32.5
- C. 1
- D. 2
Answer: A
NEW QUESTION 37
What are the different types of open enrollment options available under Scheduled tab in program?
- A. Open Scheduled and Unrestricted Scheduled
- B. Open New Hire Enrollment and Unrestricted New Hire Enrollment
- C. Open All and Unrestricted All
- D. Open Enrollment and Open Unrestricted Enrollment
Answer: B
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. No collapsing rule was set.
- 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. The employee is not eligible for life events.
- D. The Marriage event occurred before the Transfer event.
Answer: B
NEW QUESTION 39
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