BUNDLE - GBA EXAMS

The requirements for a voluntary benefit arrangement to be exempt from ERISA are:

CEBS GBA Exam 1 Questions & Answers 2023/2024 Broad view of Employee Benefits (Mod 1.1) - ANSWER-Considers Employee Benefits to be virtually any form of compensation other than direct wages paid to Employees (Ex: WC, Unemployment, State DI, SS, Vacation, Holidays, 401K/Retirement, Employer shar...

CEBS - GBA 1 - Practice Exam Questions & Answers 2023/2024 Which of the following statements correctly describes minimum requirements that group benefit plans typically must meet in order to be prospectively rated on contract renewal? - ANSWER-The more unpredictable the event that will trigger ...

CEBS GBA 2 Practice Exam Questions & Answers 2023/2024 According to the RAND Health Insurance Experiment, which variable has the greatest power in explaining health expenditures? A.) Welfare eligibility B.) Prior utilization C.) Physical health (based on self-reported measures) D.) ...

CEBS GBA Exam 2 Questions & Answers 2023/2024 What is the basic assumption underlying concept of a free market and how is it challenged by the theory of "bounded rationality?" (Mod 1.1) - ANSWER-Assumption that rational customers will make informed decisions about value, quality and price, wh...

CEBS GBA Exam 3 Questions & Answers 2023/2024 An employee welfare benefit plan has four basis elements. What are these elements? (Mod 1.1) - ANSWER-1) There must be a plan, fund or program. 2) The plan, fund or program is established or maintained by an employer. 3) The plan, fund or program ...

CEBS GBA - Module 1 Exam Questions & Answers 2023/2024 Fringe Benefits - ANSWER-Addition of benefits as an offset to higher labor Broad View - ANSWER-"Virtually any form of compensation other than direct wages" Limited (Narrow) View - ANSWER-Benefits that stem from an employment relatio...

CEBS GBA 1 Practice Exam Questions (2022) A prescription drug rebate occurs when: - ANSWER-There is an agreement between a pharmacy benefit manager and a drug manufacturer. The concept designed to make victims of losses whole again reflect the principle of: - ANSWER-Indemnification The de...

CEBS - GBA 1 - Module 3 Exam Questions & Answers 2023/2024

GBA EXAM 2 QUESTIONS & ANSWERS 2023/2024 Chapter 3(starting at 3.5) - ANSWER- Which of the following did Karl Marx created inequailty and worker exploitation? - ANSWER-Capitalism According to Karl Marx, in a capitailist economy, what type of alientation is a worker experiencing when the w...

GBA Exam 4 Questions & Answers 2023/2024 Which of the following arguments are used by those organizations that support the goal of diversity in the workforce? Affirmative action plans eliminate reverse discrimination. Global marketplaces can only be developed with exposure to diversity. Ra...

GBA 2 - Practice Exam AMF Questions & Answers 2023/2024 "Desktop medicine" is a fully integrated approach using information technology whose primary goal is to: - ANSWER-Help track patients through their plan of care A life insurance policy in which the insurance provides lifetime protecti...

GBA 1 Exam Questions & Answers 2023/2024 A behavioral health care carve-out program usually operates under a separate contract and from a separate company known as a... 7-2.1 - ANSWER-Managed behavioral health care organization (MBHO) A dental plan in which certain procedures are reimburs...

Test - GBA 1 - Practice Exam: Directing Benefits Programs Part 1 2023/2024 Which risk-handling techniques are being used by a firm that decides to not produce a dangerous chemical, to purchase insurance with a $10,000 deductible on its assets and to install a fire sprinkler system throughout th...