Online Access Free 1Z0-1053-26 Exam Questions

A company has XX Fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in three production instances. The company wants to run enrollment for executives and send the data for internal discussion. How can the benefits admin perform this task?

• A.Create a default life event for this task XX Admin Life event. Attach it to the plan. Then trigger the life event and enroll into a
• B.Create a default life event for this task XX Admin Life event. Create a separate eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.
• C.Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

• A.7
• B.5
• C.The number of train stops can be configured.
• D.6

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 in a plan type can be displayed on different train stops as groupings are done 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 can be configured at the plan level.

You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l). How can you configure a rate for the company's plan?

• A.Configure a primary rate with the calculation method as Multiple of Coverage.
• B.Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
• C.Configure a secondary rate with the calculation method as Multiple of Coverage.
• D.Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.

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