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CEBS GBA 2 Practice Exam Questions and Answers
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CEBS GBA 2 Practice Exam Questionsand Answers
According 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
payment of all or part of the death benefit in the event of the insured's
terminal illness is called:
A.) Accelerated death benefits
B.) Waiver of premiums
C.) Maturity value benefits
D.) Continuation-of-protection
E.) Assignment - -A.) Accelerated death benefits
-What reasons are given for the Silver plan being a popular choice among all
the Affordable Care Act (ACA) health plans?
A.) The Silver plan has the greatest actuarial value of all the plans.
B.) Cost-sharing subsidies to lower out-of-pocket costs are available only to
people who select the Silver plan.
C.) The Silver plan has the greatest benefits, even more than the Gold and
Platinum plans.
D.) The Silver plan has the lowest out-of-pocket costs of any plan even
before any subsidies.
E.) Many people select the Silver plan because they are not eligible for the
Gold or Platinum plans. - -B.) Cost-sharing subsidies to lower out-of-pocket
costs are available only to people who select the Silver plan.
-Which of the following measures of cost is generally used by analysts when
they are examining the impact of insurance premiums on employees' choice
of health insurance plans?
A.) The loading percentage
B.) The total gross premium
C.) The insurer's profit
D.) The employee's out-of-pocket price
, E.) The expected future gross premium - -D.) The employee's out-of-pocket
price
-Which of the following statements regarding recognition as a patient-
centered medical home (PCMH) is correct?
A.) The only organization that can officially recognize a PCMH is the Federally
Qualified Health Center Demonstration.
B.) The only organization that can officially recognize a PCMH is the National
Committee for Quality Assurance (NCQA).
C.) No single organization is responsible for recognizing PCMHs.
D.) The main organization that recognizes PCMHs is the Joint Commission
and the Accreditation Commission for Health Care.
E.) A PCMH can be recognized only by the state in which it is domiciled. - -
C.) No single organization is responsible for recognizing PCMHs.
-Which of the following statements regarding private health insurance
exchanges and Small Business Health Options Program (SHOP) exchanges is
correct?
A.) A lot of evidence has been produced to show that private exchanges
have been designed to make it easier for small business to self-insure.
B.) The income tax incentives previously provided to small employers in the
SHOP program have expired.
C.) Recently states were given the option of making SHOP exchanges
mandatory for all employers with fewer than 200 employees.
D.) Private exchanges could affect SHOP exchanges by siphoning enrollment
from them and thereby reducing revenue (administrative fees) critical to
SHOPs' financial viability.
E.) Unlike private exchanges, SHOP exchanges do not have the ability to
offer small employers a number of plan choices. - -D.) Private exchanges
could affect SHOP exchanges by siphoning enrollment from them and
thereby reducing revenue (administrative fees) critical to SHOPs' financial
viability.
-What is the waiting period for Social Security Disability Income (SSDI)
benefits?
A.) One month
B.) Three consecutive months
C.) Five consecutive months
D.) Six consecutive months
E.) Twelve consecutive months - -C.) Five consecutive months
-"Desktop medicine" is a fully integrated approach using information
technology whose primary goal is to:
, A.) Recruit prospective health plan subscribers
B.) Help track patients through their plan of care
C.) Encourage patient self-diagnosis using the Internet
D.) Gather health status metrics for large patient populations
E.) Expedite health provider use of technology - -B.) Help track patients
through their plan of care
-Until now, the biggest source of cost savings with private health insurance
exchanges has been:
A.) Transition to the defined contribution approach
B.) Increased use of technology
C.) Employees choosing less generous plans
D.) Better health education of employees
E.) Elimination or reduction in administrative waste - -C.) Employees
choosing less generous plans
-Out-of-network health care accounts for approximately what percentage of
total covered health insurance expenses?
A.) 3
B.) 10
C.) 20
D.) 25
E.) 30 - -B.) 10
-The major advantage of term insurance for the policyowner is the fact that:
A.) A substantial amount of life insurance can be purchased for relatively
modest premiums
B.) It provides lifetime protection if the insured continues to pay the
premiums
C.) The premiums remain at the same level for the life of the insured
D.) With a policy rider it can be used to provide retirement
E.) Premiums are highly competitive especially for those at older ages - -A.)
A substantial amount of life insurance can be purchased for relatively
modest premiums
-Mr. Smith is insured in his company's group life insurance plan. The plan is
noncontributory and meets the requirements of Internal Revenue Code
Section 79. How much group life insurance can be provided to Mr. Smith
without him incurring a federal income tax liability on the value of his
employer's contributions?
A.) 0
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