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NEW QUESTION 23
The reinstatement rule enables you to restore elections during which two events?

A. The open event was backed out by the administrator from the Benefits Service Center.B. An intervening life event backed out the open event.C. The intervening life event activated the open event.D. The open event was accidentally backed out.

Answer: B,D

Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm

 

NEW QUESTION 24
Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?

A. Edit the new plan with session effective date as January 1 of the upcoming plan year 2018, and the status as Active.B. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.C. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.D. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.E. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,

Answer: E

 

NEW QUESTION 25
Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

A. Standard wash Rule formulaB. Standard Rate ValueC. Standard input ValueD. Standard Coverage Volume

Answer: C

 

NEW QUESTION 26
Which statement about Waive options is true?

A. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.B. Waive options are options which do not require any dependent/beneficiary designation.C. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.D. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

Answer: D

 

NEW QUESTION 27
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 first day of the open enrollment period.B. It Is the last day of the open enrollment period.C. It is the effective date of the open event and the date on which eligibility is evaluated.D. It is the date on which default benefits assignments are made.

Answer: B

 

NEW QUESTION 28
......

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