1z0-973 무료 덤프문제 온라인 액세스

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.32.5
• B.130
• C.30
• D.40

The reinstatement rule enables you to restore elections during which two events?

• A.The intervening life event activated the open event.
• B.An intervening life event backed out the open event.
• C.The open event was backed out by the administrator from the Benefits Service Center.
• D.The open event was accidentally backed out.

You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance.
The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?

• A.Configure a primary rate with the calculation method as Multiple of Coverage.
• B.Configure a secondary rate with the calculation method as Multiple of Coverage.
• C.Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
• D.Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.

A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan.
What must the minimum and maximum plan limit be set at Plan Type level?

• A.Min = 0, Max = 0
• B.Min = 0, Max = 1
• C.Min = 1, Max - 1
• D.Min = 1, Max = 2

A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

• A.New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
• B.New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
• C.New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
• D.New Hire LE is complete and closed. Marriage LE is triggered because of the data change.