Cebs gba 1 2 and 3 Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Cebs gba 1 2 and 3? On this page you'll find 146 study documents about Cebs gba 1 2 and 3.
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CEBS GBA Exam 2 Questions with Correct Answers
- Exam (elaborations) • 72 pages • 2023
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CEBS GBA Exam 2 Questions with Correct 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) - Answer-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. 
 
What are economic benefits of a free market? (Mod 1.1) - Answer-If an individual does not like their provider or health pla...
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CEBS GBA Exam 2 Questions & Answers 2023/2024
- Exam (elaborations) • 89 pages • 2023
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CEBS GBA Exam 2 Questions & Answers 2023/2024 
 
 
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) - ANSWER-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 u...
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CEBS GBA Exam 1 Questions & Answers 2024
- Exam (elaborations) • 52 pages • 2024
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CEBS GBA Exam 1 Questions & Answers 2024 
 
 
Broad view of Employee Benefits (Mod 1.1) - ANSWER-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) - ANSWER-Any type of plan sponsored or initiated by Employees and Employers and engaged in providing benefits t...
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CEBS GBA Exam 3 Questions with Correct Answers
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CEBS GBA Exam 3 Questions with Correct Answers 
An employee welfare benefit plan has four basis elements. What are these elements? (Mod 1.1) - Answer-1) There must be a plan, fund or program. 
2)	The plan, fund or program is established or maintained by an employer. 
3)	The plan, fund or program is for the purpose of providing specifically listed benefits, through the purchase of insurance or otherwise. 
4)	Benefits are provided to participants and beneficiaries. 
 
Explain how a "plan, fund or...
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CEBS - GBA 1, 2, and 3 – Actual Exam Questionsand Answers (CEBS GBA 1, 2, and 3 Exam) (Graded A+)
- Exam (elaborations) • 47 pages • 2023
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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+)
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CEBS - GBA 1 Practice Exam Questions and Answers Latest 2023/2024 (100% Verified)
- Exam (elaborations) • 17 pages • 2023
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CEBS - GBA 1 Practice Exam Questions and Answers Latest 2023/2024 (100% Verified). Which of the following statements correctly describes minimum requirements that group benefit plans typically must meet in order to be prospectively 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...
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CEBS GBA Exam 2 Questions with Correct Answers
- Exam (elaborations) • 72 pages • 2024
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CEBS GBA Exam 2 Questions with Correct 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) - Answer-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. 
 
What are economic benefits of a free market? (Mod 1.1) - Answer-If an individual does not like their provider or health plan, ...
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CEBS - GBA 1 Practice Exam Questions and Answers Latest 2023/2024 (Verified)
- Exam (elaborations) • 17 pages • 2023
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- $12.49
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CEBS - GBA 1 Practice Exam Questions and Answers Latest 2023/2024 (Verified). Which of the following statements correctly describes minimum requirements that group benefit plans typically must meet in order to be prospectively 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 ma...
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CEBS GBA Exam 3 | with complete questions and answers | 2023/24
- Exam (elaborations) • 14 pages • 2023
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CEBS GBA Exam 3 | with complete questions and answers | 2023/24 
 
An employee welfare benefit plan has four basis elements. What are these elements? (Mod 1.1) - 1) There must be a plan, fund or program. 
2) The plan, fund or program is established or maintained by an employer. 
3) The plan, fund or program is for the purpose of providing specifically listed benefits, through the purchase of insurance or otherwise. 
4) Benefits are provided to participants and beneficiaries. 
Explain how a "p...
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CEBS Exam Practice Questions and Answers Latest 2023/2024 (100% Verified)
- Exam (elaborations) • 17 pages • 2023
-
- $14.99
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CEBS Exam Practice Questions and Answers Latest 2023/2024 (100% Verified). Which of the following statements correctly describes the term graduation 
as it applies to mortality tables?: It is a mathematical process that removes 
anomalies that should not appear in the mortality data 
3. If the plan sponsor pays the premium, which of the following group insured benefits is taxable to the plan member?: Long-term disability (LTD) 
4. Which of the following statements correctly describes phases of a...
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