Cebs gba 1 assignment 1 - Study guides, Revision notes & Summaries

3 types of total compensation/benefits policies that an employer could adopt - ANSWER1. follow the company's own prevailing compensation/benefits level in their firms industry or community or both 2. high comp/benefits policies attempt to attract higher levels of managment, technical and general employee talent 3. low compensation/benefits policies are lower than average and more modest in scale Broadview of employee benefits - ANSWERany form of compensation other than dirext wages paid ...

CEBS GBA 1 - Assignment 1

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 ...

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 ...

CEBS GBA 1: Assignment 3 Exam Questions and Solutions

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 2 Life Insurance Exam Questions and Answers list the death benefit tips provided via employee benefits - Answer-1 group term life 2 group dependent life 3 group AD&D insurance 4 group travel accident insurance 5 joint and survivor annuity benefits under retirement plans 6 preretirement annuity benefits 7 supplemental/optional life ins for employees and dependents what law mandates that survivor benefits to spouses? - Answer-ERISA and REA What is REA, retirement equity act of...

CEBS GBA 1: Assignment 3 Question and answers rated A+prepaid service plans 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 plans that reimbursed or indemnified a set dollar amount to the subscriber first dollar coverage plan pays benefits from the minute an expense is incurred. the subscriber pays no expense. this model was used in early hospital and ...

CEBS GBA 1: Assignment 1 Latest /Questions And Answers Download To Pass!!!