Online Access Free 1Z0-1053-21 Exam Questions

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?

• A.130
• B.40
• C.30
• D.32.5

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

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

• A.after the Close Enrollment process hascompleted
• B.after the Evaluate Life Events batch process is completed successfully
• C.when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
• D.when an electable choice is saved as a part of self-service enrollment
• E.when a default enrollment is processed

Which statement about configuring Designation Requirements is true?

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

Which is NOT a valid type of life event?

• A.Scheduled
• B.Explicit
• C.Unrestricted
• D.Temporal
• E.Restricted