CEBS GBA 2 Practice Exam
Exam Coverage
Exam coverage for the CEBS GBA 2 Practice Exam includes key
employee benefits concepts within the Group Benefits Associate
(GBA) track, focusing on the design, management, and administration
of employer-sponsored benefits programs. It covers health insurance
systems, managed care models, disability income programs (STD and
LTD), life insurance structures, prescription drug benefits, and flexible
benefits such as FSAs and cafeteria plans. The exam also evaluates
understanding of healthcare financing, cost containment strategies,
regulatory frameworks (including ERISA, HIPAA, COBRA, and ACA),
and plan design considerations
,A provision in some group life insurance plans that provides for the
payment of all or part of the death benefit in the event of the insured's
terminal illness is called:
A.) Accelerated death benefits
B.) Waiver of premiums
C.) Maturity value benefits
D.) Continuation-of-protection
E.) Assignment
A.) Accelerated death benefits
,According to the RAND Health Insurance Experiment, which variable
has the greatest power in explaining health expenditures?
A.) Welfare eligibility
B.) Prior utilization
C.) Physical health (based on self-reported measures)
D.) General health (based on self-reported measures)
E.) Mental health (based on self-reported measures)
B.) Prior utilization
, What reasons are given for the Silver plan being a popular choice
among all the Affordable Care Act (ACA) health plans?
A.) The Silver plan has the greatest actuarial value of all the plans.
B.) Cost-sharing subsidies to lower out-of-pocket costs are available
only to people who select the Silver plan.
C.) The Silver plan has the greatest benefits, even more than the Gold
and Platinum plans.
D.) The Silver plan has the lowest out-of-pocket costs of any plan even
before any subsidies.
E.) Many people select the Silver plan because they are not eligible
for the Gold or Platinum plans.
B.) Cost-sharing subsidies to lower out-of-pocket costs are available
only to people who select the Silver plan.
Exam Coverage
Exam coverage for the CEBS GBA 2 Practice Exam includes key
employee benefits concepts within the Group Benefits Associate
(GBA) track, focusing on the design, management, and administration
of employer-sponsored benefits programs. It covers health insurance
systems, managed care models, disability income programs (STD and
LTD), life insurance structures, prescription drug benefits, and flexible
benefits such as FSAs and cafeteria plans. The exam also evaluates
understanding of healthcare financing, cost containment strategies,
regulatory frameworks (including ERISA, HIPAA, COBRA, and ACA),
and plan design considerations
,A provision in some group life insurance plans that provides for the
payment of all or part of the death benefit in the event of the insured's
terminal illness is called:
A.) Accelerated death benefits
B.) Waiver of premiums
C.) Maturity value benefits
D.) Continuation-of-protection
E.) Assignment
A.) Accelerated death benefits
,According to the RAND Health Insurance Experiment, which variable
has the greatest power in explaining health expenditures?
A.) Welfare eligibility
B.) Prior utilization
C.) Physical health (based on self-reported measures)
D.) General health (based on self-reported measures)
E.) Mental health (based on self-reported measures)
B.) Prior utilization
, What reasons are given for the Silver plan being a popular choice
among all the Affordable Care Act (ACA) health plans?
A.) The Silver plan has the greatest actuarial value of all the plans.
B.) Cost-sharing subsidies to lower out-of-pocket costs are available
only to people who select the Silver plan.
C.) The Silver plan has the greatest benefits, even more than the Gold
and Platinum plans.
D.) The Silver plan has the lowest out-of-pocket costs of any plan even
before any subsidies.
E.) Many people select the Silver plan because they are not eligible
for the Gold or Platinum plans.
B.) Cost-sharing subsidies to lower out-of-pocket costs are available
only to people who select the Silver plan.
