Online Access Free 1Z0-1053-20 Exam Questions

A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

• A.3
• B.4
• C.6
• D.5

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

• A.Coverage and Rate Date Ranges:
  Coverage Start Date: First of the Month
  Previous Coverage End Date: End of the Month
• B.Coverage and Pate Date Ranges:
  Coverage Start Date: End of the Month
  Previous Coverage End Date: End of the Month
• C.Coverage and Rate Date Ranges:
  Coverage Start Date: First of the Next Month
  Previous Coverage End Date: End of the Month
• D.Coverage and Rate Date Ranges:
  Coverage Start Date: End of the Month
  Previous Coverage End Date: First of the Next Month

Which statement about configuring Designation Requirements is true?

• A.A plan must have multiple options for Designation Requirement to be configured.
• B.A Designation Requirement can be configured for a plan with no option.
• C.A plan must have the waive option for Designation Requirement to be configured.
• D.A Designation Requirement cannot be configured for a plan with no option.

Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

• A.All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
• B.All plans can be configured at the plan level.
• C.All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
• D.All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.

A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?

• A.as of coverage start date
• B.as of rate start date
• C.as of enrollment start date
• D.as of event start date