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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. January 31, 2017

A) Overspending in flex credit shell plans
B) Tasks to prepare for open enrollment
C) Coverage start date for employee
D) Valid type of life event

2. Which statement about Waive options is true?

A) Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
B) Waive options are options which do not require any dependent/beneficiary designation.
C) Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
D) Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

3. Which three are change opportunities an organization can implement during Open Enrollment?

A) update rates
B) enroll in existing plans
C) decline coverage
D) modify plan configuration
E) Start new benefit offerings

4. Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

A) All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
B) All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
C) All plans can be configured at the plan level.
D) All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.

5. Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

A) Standard Coverage Volume
B) Standard Rate Value
C) Standard wash Rule formula
D) Standard input Value

Solutions: