Online Access Free 1z0-1053-22 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.30
• B.130
• C.40
• D.32.5

Can you change the column text of primary and secondary rates on the Benefit self-service page?

• A.No, a change option is not available in the Configure Grouping Display task.
• B.Yes, a change option is available in the Configure Grouping Display task.
• C.No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.
• D.Yes, a change option is available in the Enrollment Configuration task.

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

The reinstatement rule enables you to restore elections during which two events?

• A.An intervening life event backed out the open event.
• B.The open event was accidentally backed out.
• C.The intervening life event activated the open event.
• D.The open event was backed out by the administrator from the Benefits Service Center.

How many life events can be included in a collapsing rule?

• A.7
• B.12
• C.8
• D.10