Gba 1 - Study guides, Class notes & Summaries
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CEBS - GBA 1 - Practice Exam Questions and Answers 100% Pass
- Exam (elaborations) • 31 pages • 2023
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CEBS - GBA 1 - Practice Exam Questions and Answers 100% Pass 
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 
Which of the following statements correctly describes the term graduation as it applies to mortality tables? It is a mathematical process that...
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CEBS GBA 1 Practice Exam Questions (2022)
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CEBS GBA 1 Practice Exam Questions (2022) 
 
 
A prescription drug rebate occurs when: - ANSWER-There is an agreement between a pharmacy benefit manager and a drug manufacturer. 
 
The concept designed to make victims of losses whole again reflect the principle of: - ANSWER-Indemnification 
 
The design of any employee benefit plan should start with deciding: - ANSWER-What are the overall objectives of the plan. 
 
A peril as the term applies to the insurance mechanism is defined as: - ANSWER-Th...
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CEBS - GBA 1 & 2 Practice Exam 2022 with complete solution
- Exam (elaborations) • 94 pages • 2022
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CEBS - GBA 1 & 2 Practice Exam 2022 with complete solution
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CEBS - GBA 1 - PRACTICE EXAM
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CEBS - GBA 1 - PRACTICE EXAM
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UGBA 135 final exam
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What's the rule of 72? - Answer- How long it takes for a sum of money to double at a given interest rate 72/interest rate = # of years to double OR 72/# of years to double = interest rate 
 
What's a general partner? - Answer- A general partner has the authority to act on behalf of the business without the knowledge or permission of the other partners. Unlike a limited or silent partner, the general partner may have unlimited liability for the debts of the business. 
 
T/F f you start a busine...
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GBA 1 - Study Guide Questions and Answers Rated A+
- Exam (elaborations) • 11 pages • 2023
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GBA 1 - Study Guide Questions and Answers Rated A+ What was the purpose of the Health Maintenance Organization Act of 1973? The health maintenance organization action of 1973 provided federal initiatives - consisted of federal grants and loans to organizations wishing to investigate the feasibility of "federally qualified HMO" 
How did the passage of the Health Maintenance Organization Act of 1973 affect the growth of HMOs? The government began to withdraw its funding during the Reagan adminis...
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CEBS GBA 1 Exam 2024 Questions & Answers | 100% Correct | Verified
- Exam (elaborations) • 18 pages • 2024
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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 
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 
mort...
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Test - GBA 1 - Practice Exam: Directing Benefits Programs Part 1 Already Passed
- Exam (elaborations) • 15 pages • 2023
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Test - GBA 1 - Practice Exam: Directing Benefits Programs Part 1 Already Passed 
Which risk-handling techniques are being used by a firm that decides to not produce a dangerous chemical, to purchase insurance with a $10,000 deductible on its assets and to install a fire sprinkler system throughout the plant? Avoidance, retention, insurance and control 
Which of the following statements regarding prescription drug rebates is correct? A rebate occurs when there is an agreement between a pharmacy b...
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CEBS - GBA 1 - Practice Exam With All Questions and Answers
- Exam (elaborations) • 20 pages • 2023
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CEBS - GBA 1 - Practice Exam With All Questions and Answers...
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UGBA 135 FINAL QUESTIONS AND ANSWERS
- Exam (elaborations) • 25 pages • 2023
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What is the biggest problem facing us in the future? - Answer- Longevity, not retirement 
 
Where is the burden of saving and investing for retirement and health care shifting? - Answer- From employer to employee 
 
What percentage of households have income of more than $113,000? - Answer- 10% 
 
What percentage of households earn $160,000? - Answer- 5% 
 
What is a common trait of millionaires? - Answer- The ability to communicate and sell their ideas 
 
Where can the lender not take out money ...
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