Online Access Free 1Z0-1053-23 Exam Questions

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

• A.They should have created an Option 3: Coverage Declined.
• B.They should not have enabled the Assign on Default button for the options.
• C.They should have enabled a plan restriction fast formula.
• D.They should have configured an eligibility fast formula

When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?

• A.It is the date on which default benefits assignments are made.
• B.It is the last day of 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 first day of the open enrollment period.

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

Which two are correct processes regarding performing the Benefits Extract setup?

• A.Extract benefits enrollment information into separate XML files for each plan and plan carrier.
• B.Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
• C.Configure plan carrier details and extract options using the Manage Plan Carriers task.
• D.Extract benefits enrollment information into a single XML file for each plan carrier.
• E.Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.

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

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