Gba 1 exam Study guides, Class notes & Summaries

GBA 1 Exam : Directing Benefits Programs Part 1 2024 Questions & Answers | 100% Correct | Verified

CEBS - GBA 1 Exam Questions and Answers Latest 2024 (Verified Solution). 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?: The more unpredictable the event that will trigger a claim, the larger the minimum group size and premium requirements 2. Which of the following statements correctly describes the term graduation as it applies to mortality tables?: It is a mathema...

GBA 1 Exam Study Guide | 2024 Questions & Answers | 100% Correct | Verified

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 A healthcare organization is contemplating a possible investment in a new technology and is conducting a return on investment (ROI) analysis. Which of the following are typically used to define the returns...

CEBS GBA Exam 1 Question with complete solution 2023Broad view of Employee Benefits (Mod 1.1) 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 share of Medical, Severance Pay, Child Care, etc..) Narrow view of Employee Benefits (Mod 1.1) Any type of plan sponsored or initiated by Employees and Employers and engaged in providing benefits that r...

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? - Avoidance, retention, insurance and control Which of the following statements regarding prescription drug rebates is correct? - A rebate occurs when there is an agreement between a pharmacy benefit manager and a drug manufacturer. There are several methods for eva...

What was the purpose of the Health Maintenance Organization Act of 1973? - The health maintenance organization action of 1973 provided federal initiatives - consisted of federal grants and loans to organizations wishing to investigate the feasibility of "federally qualified HMO" How did the passage of the Health Maintenance Organization Act of 1973 affect the growth of HMOs? - The government began to withdraw its funding during the Reagan administration. Smaller plans did not survive. Br...

CEBS GBA EXAM 1 ACTUAL EXAM ,PRACTICE EXAM AND STUDY GUIDE ALL QUESTIONS AND WELL ELABORATED ANSWERS TOP RATED VERSION FOR HIGHLY RECOMMENDED BY EXPERTS |NEW AND REVISED