Benefits Training Day 2

17 Questions | By Infinisource | Updated: Mar 20, 2022 | Attempts: 224

Questions

Settings

Medical, Dental and Vision Plans These types of plans all have the following in common. Benefit Calculation: Rate Table Deduction Calculation: Flat Dollar Memo Calculation: Flat Dollar This certification test contains questions of different formats. The format of the questions include multiple choice; true/false and fill in the blank etc. . . Please remember to chose the best response to each question. You are able to use your notes and participation guide along with the ISolved system while taking the test. Read carefully. In order to obtain your certification, you must score a passing score of 75 percent. Good Luck!

Questions and Answers

1.

Please refer to the "Exercise for Mastery Homework" Word Doc in the Day 1 folder in Box for directions on completing the homework assignment. All screen shots should be attached to that Word doc and turned in at the very end of the 2 week training period.https://infinisource.box.com/s/ekngnn4qkp2ubrd2dv9h
2.

Putting the Third Party in the “Provider Field” on the Plans tab will send the money collected from this plan to the Third Party.
- A.
  
  True
- B.
  
  False
3.

If you get the Benefit Type wrong on your plan you can always change it later.
- A.
  
  True
- B.
  
  False
4.

If pay items are not engaged and payroll is run, deductions and memo calcs will still execute on the payroll.
- A.
  
  True
- B.
  
  False
5.

You must always have a number (even if it is a 0) in the “Following ____days of service” field under New Hire Probation Period on the Plans tab. It cannot ever be left blank.
- A.
  
  True
- B.
  
  False
6.

The Start and Stop Date fields on the Plans tab must be no more than 365 days apart.
- A.
  
  True
- B.
  
  False
7.

The Start and Stop Date fields on the Rates tab must be no more than 365 days apart.
- A.
  
  True
- B.
  
  False
8.

Eligibility Rules are not required for COBRA integration.
- A.
  
  True
- B.
  
  False
9.

If no Eligibility Rules are listed, everyone in the entire company is eligible for that plan.
- A.
  
  True
- B.
  
  False
10.

If I wanted to make an HSA available only to EEs that have chosen an HDHP, I would mark the “Dependent on Existence of Plans” on the HSA and list the HDHP as the Selected Benefit Plan.
- A.
  
  True
- B.
  
  False
11.

You should always mark the “Validate Min/Max Dependents” tab on the Rates tab.
- A.
  
  True
- B.
  
  False
12.

Dependent age-out always happens at age 26 for medical benefits. You need to check with the customer (or their broker) to find out the age-out for other types of benefits.
- A.
  
  True
- B.
  
  False
13.

Rate tables can be edited each year by changing the amounts and dates on each coverage code.
- A.
  
  True
- B.
  
  False
14.

If the rates are based off of zip code, you must set up separate benefit plans to accommodate this.
- A.
  
  True
- B.
  
  False
15.

The “COBRA Eligible” box must only be checked if the customer has the Infinisource COBRA integration. Otherwise, it is not necessary to use this box because it doesn’t do anything.
- A.
  
  True
- B.
  
  False
16.

If the customer is going to have eBN Carrier Feeds, you do not need to put a Third Party in the “Provider” field on the Plans tab.
- A.
  
  True
- B.
  
  False
17.

“What is the Integration Code” field for on the Plans tab?
- A.
  
  Nothing. It’s not used.
- B.
  
  It is used for eBN Carrier Feeds
- C.
  
  It is used to integrate the plan with payroll.
- D.
  
  It is used for COBRA integration.
18.

The “Effective Dates Based On” field on the Plans tab is:
- A.
  
  Used to determine when the new rates will appear on the payroll.
- B.
  
  Difficult to determine for bi-weekly payrolls
- C.
  
  Will change FSA and HSA amounts if the field is switched back and forth.
- D.
  
  All of the above.