Cebs gba 1 exam 2023 - Study guides, Class notes & Summaries

CEBS GBA Exam 1 Question with complete solution 2023

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...

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...

CEBS GBA Exam 1 Question with complete solution 2023/2024Broad view of Employee Benefits (Mod 1.1) - correct 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) - correct answer Any type of plan sponsored or initiated by Employees and Employers ...

CEBS GBA Exam 1 Question with complete solution 2023/2024Broad view of Employee Benefits (Mod 1.1) - correct 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) - correct answer Any type of plan sponsored or initiated by Employees and Employers ...

CEBS GBA Exam 3 Questions & Answers 2023/2024 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...

CEBS - GBA 1 - Module 3 Exam Questions & Answers 2023/2024

CEBS - GBA 1 & 2 Practice Exam 2023 with complete solution latest update

CEBS - GBA 1 & 2 Practice Exam with complete solution Which of the following statements correctly describes the negotiated placement method of marketing a group benefits plan? - answer -Once potential insurers are identified, each company submits a brief report that highlights its general strategy, philosophy and proposed group benefits plan Which of the following statements correctly describes eligibility requirements under most group insurance plans? - answer -Unmarried children under a spe...