Cebs – gba - Study guides, Class notes & Summaries

CEBS - GBA Practice Exam 1 Questions and Answers 1. Which of the following statements correctly describes minimum require- ments that group benefit plans typically must meet in order to be prospec- tively rated on contract renewal?: The more unpredictable the event that will trigger a claim, the larger the minimum group size and premium requirements 2. Which of the following statements correctly describes the term graduation as it applies to mortality tables?: It is a mathematica...

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

CEBS GBA Exam 1 Question with complete solution 2023Broad view of Employee Benefits (Mod 1.1) Considers Employee Benefits to be virtually any form of compensation other than direct wages paid to Employees (Ex: WC, Unemployment, State DI, SS, Vacation, Holidays, 401K/Retirement, Employer share of Medical, Severance Pay, Child Care, etc..) Narrow view of Employee Benefits (Mod 1.1) Any type of plan sponsored or initiated by Employees and Employers and engaged in providing benefits that r...

CEBS GBA EXAM 1 QUESTIONS AND ANSWERS

CEBS GBA EXAM 3 QUESTIONS AND ANSWERS

CEBS – GBA TEST BANK QUESTIONS & ANSWERS-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) - Assumption that 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. However this is challenged by the consumer's "bounded rationality" - rational consumer is only functional up to a certain ...

CEBS – GBA Exam 2 Questions & 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 pa...

CEBS GBA 1 Exam 2024 Questions & Answers | 100% Correct | Verified

CEBS GBA 2 LATEST ACTUAL EXAM QUESTIONS AND DETAILED CORRECT ANSWERS (VERIFIED ANSWERS) | A+ GRADE STUDY GUIDE