Exam Dumps VCE

QUESTION 12
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?

QUESTION 13
Which three are correct methods by which enrollment results can be created and made available for viewing?

QUESTION 14
The benefits admin runs an open enrollment window on 03/01/2017 for Program: XX Life Insurance, but cannot find the life event date of 03/15/2017. What could be a reason for this?

QUESTION 15
Which benefit object must be created prior to creating an option?

QUESTION 16
A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two /ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2017 as the plan is restricted.
How can you configure this scenario for the company?

QUESTION 17
Annual Health Insurance, Monthly Health Insurance

QUESTION 18
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?

QUESTION 19
A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan”s year period.
What is the communicated rate value?

QUESTION 20
Intervening life event backed out open event

QUESTION 21
A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?

QUESTION 22
Termination life event configuration

QUESTION 23
Which is not a valid type of life event?

QUESTION 24
Can you define overspending of a budget pool in flex credit shell plans?

QUESTION 25
Hours Worked, Full-Time Equivalent, Compensation

QUESTION 26
A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

QUESTION 27
Which three are change opportunities an organization can implement during Open Enrollment?