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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. 1The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can''t the employee see the assigned rate amount?

A) The rate amount is not configured for the employee,s specific legal employer.
B) The rate amount Is a variable rate for the employee,s legal employer.
C) The rate amount "Assign on Enrollment" is enabled for five legal entities.
D) The rate amount is of the unit of measure "Money".

2. 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 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.
B) Configure a secondary rate with the calculation method as Multiple of Coverage.
C) 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.
D) Configure a primary rate with the calculation method as Multiple of Coverage.

3. Optional, mandatory for participant

A) Rate visibility issue
B) Creation of enrollment results
C) Enrollment authorization requirements
D) Overspending in flex credit shell plans

4. A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

A) 4
B) 3
C) 6
D) 5

5. Plan Configuration, Evaluation and Reporting

A) Valid type of life event
B) Number of train stops on benefits enrollment page
C) Overspending in flex credit shell plans
D) Tasks to prepare for open enrollment

Solutions: