Gba 1 exam Study guides, Class notes & Summaries

CEBS - GBA 1 Actual Exam 2023 Questions and Answers (CEBS GBA 1 Exam) (VERIFIED Graded A+) (LATEST Version) Updated

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 Which of the following statements correctly describes the term graduation as it applies to mortality tables? - It is a mathematical process that removes anomalies that should not appear in the mort...

Employee Benefits - correct answer All forms of financial returns and tangible services and benefits employees receive as apart of an employee relationship Broad View of Employee Benefits - correct answer Virtually any form of compensation other than direct wages, including: 1. Employer's share of legally required payments (Social security and medicare, unemployment insurance and worker's compensation benefits) 2. Payment for time not worked (paid rest periods, paid sick leave, paid...

UGBA 104 Excel Midterm 1 Exam with Correct Answers 100% decision analysis - CORRECT ANSWER-Definition: A technique used to develop an optimal strategy when a decision maker is faced with several decision alternatives and an uncertain set of future events. Internet of Things (IoT) - CORRECT ANSWER-Definition: The technology that allows data collected from sensors in all types of machines to be sent over the Internet to repositories where it can be stored and analyzed. optimization mode...

CEBS GBA 1 Module 1 Exam 2023 – 2024

CEBS - GBA 1 Module 1 Exam Test with Answers 100% Pass 1. 1.1 Distinguish between the broad view and the narrow view of employee ben- efits 2. 1.2 List the cat- egories of ben- efits that gener- ally are consid- ered to fall under a broad view em- ployee benefits 3. 1.3 What bene- fits are typical- ly excluded when the term "em- ployee benefits" is viewed and de- fined in a narrow sense? 4. 2.1 Explain the types of busi- nesses- or hu- man resource-re- lated reasons ...

Broad view of Employee Benefits - correct answer This view sees employee benefits as virtually any form of compensation other than direct wages. Components of the Broad view of Employee Benefits - correct answer 1. Employer's share of legally required payments (Social Security and Medicare, unemployment insurance, and worker's compensation benefits) 2. Payments for time not worked (e.g. paid rest periods, paid sick leave, paid vacations, holidays, parental leave, etc). 3. Employer's...

CEBS GBA 1 Exam with correct Answers

A behavioral health care carve-out program usually operates under a separate contract and from a separate company known as a... 7-2.1 - Managed behavioral health care organization (MBHO) A dental plan in which certain procedures are reimbursed on a scheduled basis and others are reimbursed on a nonscheduled basis is called a... 5-2.4 - Combination plan A health care plan has no restrictions on a member's choice of provider, there is no "steerage," and there is no basic utilization mana...

GBA 1- DIRECTING BENEFITS PROGRAM PART 1 Exam 2023