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1. When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?
A) It is the date on which default benefits assignments are made.
B) It Is the last day of the open enrollment period.
C) It is the first day of the open enrollment period.
D) It is the effective date of the open event and the date on which eligibilityis evaluated.
2. A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?
A) New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
B) New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
C) New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
D) New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
3. What are the different types of open enrollment options available under Scheduled tab in program?
A) Open All and Unrestricted All
B) Open Scheduled and Unrestricted Scheduled
C) Open New Hire Enrollment and Unrestricted New Hire Enrollment
D) Open Enrollment and Open Unrestricted Enrollment
4. An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
A) January 22, 2017
B) December 28, 2016
C) January 15, 2017
D) January 31, 2017
5. The reinstatement rule enables you to restore elections during which two events?
A) The open event was accidentally backed out.
B) The open event was backed out by the administrator from the Benefits Service Center.
C) The intervening life event activated the open event.
D) An intervening life event backed out the open event.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A,D |
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