Cebs gba 1 - Study guides, Class notes & Summaries

CEBS GBA 1: {Assignment 3 based on the 2013 learning guide for GBA 1 } LATEST QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+ prepaid service plans - CORRECT ANS this type of plan provided a set allowance (level of benefit) for hospital/medical services and paid them directly to the provider ex: blue cross blue shield indemnity plans - CORRECT ANS plans that reimbursed or indemnified a set dollar amount to the subscriber first dollar coverage - CORRECT ANS plan pays benefits from the ...

CEBS GBA 1 Assignment 3 Study Guide

CEBS GBA 1 Assignment 3 Questions and Answers All Correct prepaid service plans - Answer-this type of plan provided a set allowance (level of benefit) for hospital/medical services and paid them directly to the provider ex: blue cross blue shield indemnity plans - Answer-plans that reimbursed or indemnified a set dollar amount to the subscriber first dollar coverage - Answer-plan pays benefits from the minute an expense is incurred. the subscriber pays no expense. this model was used ...

3 Types of Hazard - ANSWER1. Physical 2. Moral 3. Morale Advantages of Using Insurance for EE Benefit Plan - ANSWER1. Known premium (control over budget) 2. Outside administration (disputes handled by insurance company) 3. Financial backing (employees may prefer outside funding) 4. Cost management 5. Economy (insurance company can do the job more efficiently and at a lower cost) Adverse Selection - ANSWERExists when individuals who have higher than average risks join a group because...

CEBS - GBA 1, 2, and 3 – Actual Exam Questionsand Answers (CEBS GBA 1, 2, and 3 Exam) (Graded A+) CEBS - GBA 1, 2, and 3 – Actual Exam Questionsand Answers (CEBS GBA 1, 2, and 3 Exam) (Graded A+)

Broad view of Employee Benefits - ANSWERThis view sees employee benefits as virtually any form of compensation other than direct wages. Components of the Broad view of Employee Benefits - ANSWER1. 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 share of medica...

CEBS GBA 1 Assignment 3 Questions and Answers All Correct prepaid service plans - Answer-this type of plan provided a set allowance (level of benefit) for hospital/medical services and paid them directly to the provider ex: blue cross blue shield indemnity plans - Answer-plans that reimbursed or indemnified a set dollar amount to the subscriber first dollar coverage - Answer-plan pays benefits from the minute an expense is incurred. the subscriber pays no expense. this model was used ...

Employee Benefits - ANSWERAll forms of financial returns and tangible services and benefits employees receive as part of an employment relationship Broad View of Employee Benefits - ANSWEREmployee benefits are virtually any form of compensation other than direct wages What benefits are included in the broad view of employee benefits? - ANSWER1. Employers' share of legally required payments (Social Security, Medicare, unemployment insurance, and workers' comp benefits) 2. Payments fo...

CEBS GBA 1 - Directing Benefits Programs Exam Questions & Answers | Already Passed Broad view of Employee Benefits - This view sees employee benefits as virtually any form of compensation other than direct wages. Components of the Broad view of Employee Benefits - 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 vacati...

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