Question No. 1

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

Adecline coverage

Benroll in existing plans

CStart new benefit offerings

Dmodify plan configuration

Eupdate rates

Show Answer

Correct Answer: A, D, E

Question No. 2

Which is NOT a valid type of life event?

AExplicit

BTemporal

CScheduled

DUnrestricted

ERestricted

Show Answer

Correct Answer: E

Question No. 3

Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.

How do you accomplish this requirement?

ASelect Display Signature in the Confirmation section while managing Benefits Self-Service configuration.

BConfirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.

CSelect the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.

DConfirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.

ESelect Display Signature in the Confirmation section while managing Enrollment Authorizations.

Show Answer

Correct Answer: B

Question No. 4

A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

AEach occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.

BThe amount of deduction from employee pay check for enrollment is varied based on a life event.

CEach occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.

DLife events affect benefits processing for a participant.

Show Answer

Correct Answer: C, D

Question No. 5

How do you set up a Termination life event to end coverage at the end of the month?

ACoverage and Rate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: First of the Next Month

BCoverage and Rate Date Ranges:
Coverage Start Date: First of the Month
Previous Coverage End Date: End of the Month

CCoverage and Rate Date Ranges:
Coverage Start Date: First of the Next Month
Previous Coverage End Date: End of the Month

DCoverage and Pate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: End of the Month

Show Answer

Correct Answer: C

Free Oracle 1Z0-1053-22 Exam Actual Questions