Cebs gba 2 exam 2023 - Study guides, Class notes & Summaries

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 is for the purpose of providing specifically listed benefits, through the purchase of insurance or otherwise. 4) Benefits are provided to participants and beneficiaries. Explain how a "plan, fund...

CEBS - GBA 1 & 2 Practice Exam 2023 with complete solution latest update

CEBS - GBA 1 & 2 Practice Exam with complete solution Which of the following statements correctly describes the negotiated placement method of marketing a group benefits plan? - answer -Once potential insurers are identified, each company submits a brief report that highlights its general strategy, philosophy and proposed group benefits plan Which of the following statements correctly describes eligibility requirements under most group insurance plans? - answer -Unmarried children under a spe...

CEBS GBA 2 Practice Exam Questions 2023Practice Exam Questions 2023

CEBS GBA Exam 2-with 100% verified solutions-2023-2024

CEBS - GBA 1 & 2 Practice Exam 2023 with complete solution latest update

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 Rational customers will make informed decisions about value, quality and price, while producers who meet consumer's demands will be rewarded with market share and profit. What are economic benefits of a free market? (Mod 1.1) - ANSWER If an individual does not like their provider or health plan, the should be able to "vote with their ...

CEBS - GBA 1 & 2 Practice Exam with complete solution Which of the following statements correctly describes the negotiated placement method of marketing a group benefits plan? - answer -Once potential insurers are identified, each company submits a brief report that highlights its general strategy, philosophy and proposed group benefits plan Which of the following statements correctly describes eligibility requirements under most group insurance plans? - answer -Unmarried children under a spe...

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 Rational customers will make informed decisions about value, quality and price, while producers who meet consumer's demands will be rewarded with market share and profit. What are economic benefits of a free market? (Mod 1.1) - ANSWER If an individual does not like their provider or health plan, the should be able to "vote with their feet...

CEBS GBA 2 Practice Exam Questions with complete answer 2023According 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.) General health (based on self-reported measures) E.) Mental health (based on self-reported measures) B.) Prior utilization A provision in some group life insurance plans that provides for the payme...