CEBS GBA 1 LATEST ACTUAL EXAM
2024-2025 QUESTIONS AND DETAILED
CORRECT ANSWERS (VERIFIED
ANSWERS) | A+ GRADE STUDY GUIDE
Money forfeited by employees under the use-it-or-lose-it
rule in cafeteria plans is called an experience gain. These
experience gains may not be: Correct Answer Returned to
the employees who incurred the forfeitures.
They may be:
- retained by the employer
- used to reduce admin expenses
- used to reduce employer's required salary reduction
amounts
- donated to charity
Numerous studies have examined the effectiveness of
workplace wellness programs in promoting health or
preventing disease. How effective are they proven to be
based on the studies? Correct Answer These programs
have had limited evidence of their effectiveness.
Generally in a premium conversion cafeteria plan: Correct
Answer There are no employer contributions.
The "managed care backlash" of the late 1990s created
significant growth in which of the following types of health
care organizations? Correct Answer Preferred Provider
Organizations (PPOs)
,For a cafeteria plan to be afforded favorable tax treatment,
the plan must allow participants to choose between how
many benefits consisting of cash (or a taxable benefit that
is treated as cash) and qualified benefits? Correct Answer
Two or more
The maximum annual contribution that can be made to a
health savings account (HSA) is: Correct Answer A flat
dollar amount for individuals and a flat dollar amount for
families
When a participant of a cafeteria plan makes a one-time
election on coverage that stays in force from plan year to
plan year unless the participant elects to make a change
during the applicable election period, it is referred to as
a(n): Correct Answer Evergreen election
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 the
plant? Correct Answer Avoidance, retention, insurance
and control
Which of the following statements regarding dental care
and the ACA is correct?
- Dental care is not an essential benefit for adults in the
ACA
- The ACA requires dental coverage for all children
,- Dental coverage is required by the ADA only if health
coverage is provided under a self-insured/self-
administered plan
- The ACA requires comprehensive dental care for adults
and children
- The ACA excludes all dental care benefits Correct
Answer Dental care is not an essential benefit for adults in
the ACA
A mechanism by which one attempts to prevent or reduce
the probability of a loss taking place or to reduce the
severity of the loss if it does take place is referred to as:
Correct Answer Control
Benefits for so-called lifestyle drugs are: Correct Answer
Typically excluded from employer plans.
Which of the following statements regarding workplace
wellness programs is correct?
- A workplace wellness program should be designed to
target the most fitness-conscious employees.
- Workplace wellness programs are used almost
exclusively by large employers.
- The most significant drivers of cost of workplace
wellness programs are incentives, equipment and outside
service providers.
- Health screenings known as health risk assessments
(HRAs) are prohibited if used in conjunction with
workplace wellness programs
- Biometric testing for workplace wellness programs must
be conducted by qualified physicians. Correct Answer The
, most significant drivers of cost of workplace wellness
programs are incentives, equipment and outside service
providers.
Which of the following statements regarding managed
behavioral health organizations (MBHOs) and
administrative services only (ASO) arrangements is
correct?
- ASOs are especially effective for small employers
- ASOs are sometimes referred to as "fully insured" plans
- An ASO transfers the financial risk of health care costs to
an insurance company
- A key advantage of ASOs is that employers can offer the
same benefit to employees working in different states
because ERISA exempts ASO plans from compliance with
state laws and regulations.
- Employers who purchase an ASO contract agree to
assume the financial risk for claims payments up to a
certain (rather large) amount but claims in excess of the
stipulated amount are paid by the MBHO Correct Answer
A key advantage of ASOs is that employers can offer the
same benefit to employees working in different states
because ERISA exempts ASO plans from compliance with
state laws and regulations.
Dental treatments are placed into ten professional
treatment categories. The repair of a natural tooth is
included in which of the following categories? Correct
Answer Restorative
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