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NEW QUESTION 46

Can you change the column text of primary and secondary rates on the Benefit self-service page?

  • A. No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.
  • B. Yes, a change option is available in the Enrollment Configuration task.
  • C. Yes, a change option is available in the Configure Grouping Display task.
  • D. No, a change option is not available in the Configure Grouping Display task.

Answer: C

NEW QUESTION 47

You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:



A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).

How can you configure a rate for the company's plan?

  • A. Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
  • B. Configure a secondary rate with the calculation method as Multiple of Coverage.
  • C. Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
  • D. Configure a primary rate with the calculation method as Multiple of Coverage.

Answer: D

NEW QUESTION 48

A benefits administrator can see these statuses of life events-

1. New Hire processed on 28-Apr-2016.

2. Marriage detected on 1-Jun-2016.

What do these statuses imply?

  • A. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
  • B. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
  • C. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
  • D. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.

Answer: A

NEW QUESTION 49

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