Question 11

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 12

    The benefits administrator runs an open enrollment window on March 1,2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?
  • Question 13

    What rate is used for the flex creditprogram to adjust the total cost of the program?
  • Question 14

    Which is NOT a derivedfactor type?
  • Question 15

    A benefits consultant implemented a plan for life insurance with the following options:
    1. Option 1: Employee only
    2. Option 2: Employeeplus 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?