BUNDLE OF CEBS: GBA/RPA QUESTION AND ANSWERS 2023

CEBS - GBA 1 - Practice Exam with answers already solved 2023Which 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, th...

CEBS GBA 2 Practice Exam Questions with complete answer 2023According 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.) Genera...

CEBS: GBA 1, Module 1 Question and answers 100% solved 2023Employee Benefits All forms of financial returns and tangible services and benefits employees receive as apart of an employee relationship Broad View of Employee Benefits Virtually any form of compensation other than direct wages,...

CEBS - GBA 1 Module 1 Question and answer already verified 20231.1 Distinguish between the broad view and the narrow view of employee benefits The broad view defines employee benefits as anything other than direct compensation, including both government-mandated benefits and private plans. (social ...

CEBS GBA Exam 2 Question with complete solution 2023What 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 pro...

CEBS GBA 1 - Directing Benefits Programs Question with complete solution 2023Broad view of Employee Benefits This view sees employee benefits as virtually any form of compensation other than direct wages. Components of the Broad view of Employee Benefits 1. Employer's share of legally requ...

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...

CEBS: GBA 1, Module 3 Question with complete solutions 2023Introduction A summary overview of health plan structures. Employers can provide a single health plan or multiple plan options. Common employer sponsored health plans include: A. A health maintenance organization (HMO) plan B. A preferred...

CEBS - GBA 1 Question with complete solution 2023Broad View of Employee Benefits Any from of compensation other than direct wages. Includes government mandated plans and private plans (Social Security, paid vacation and pension plans) Narrow View of Employee Benefits Any type of plan sponso...

CEBS Question with complete solutions 2023Broad View of employee benefits that benefit includes virtually any form of compensation except direct wages (including Social Security, Medicaid, Unemployment, W.C). Three legged stool of economic security Benefits provided by the government, by em...

CEBS - GBA 1 - Module 4 Question and answers already solved 2023Core benefits Benefits intended to address the primary needs of most of the group members Optional benefits Additional voluntary benefits generally fully paid for by the plan member Ancillary benefits Benefits that refl...

CEBS: GBA/RPA 3 (new curriculum) with Question and answer 2023ERISA Employee Retirement Income Security Act 1974 SOC Reports Service Organization Controls: for external vendors SOC 1 Internal Controls & Financial reports; used by auditors SOC 2 Security, availability, proces...

CEBS: GBA 1, Module 5 Question already solved 2023Basic difference between medicine and dentistry 1. Physicians typically practice in groups, while many dentists practice almost exclusively in individual offices. This isolation tends to produce a greater variety of dental practice patterns that exi...

CEBS: GBA 1, Module 8 Question and answers 100% solved 20233 Keys benefits of a workplace wellness program (1) Fewer absences. (2) Improved productivity. (3) Worker satisfaction and retention. affordability factor of wellness plans The affordability factor associated with wellness prog...