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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. Which statement about Waive options is true?
A) Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
B) Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
C) Waive options are options which do not require any dependent/beneficiary designation.
D) 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.
2. Coverage Start Date: First of the Next Month
A) Valid type of life event
B) Termination life event configuration
C) Life event start date
D) Global health plan options
3. Benefit configuration for dependent options
A) Optional, mandatory for participant
B) Evaluate life events, close enrollment, enrollment authorizations
C) Create two eligibility profiles based on age
D) Hours worked, full-time equivalent, compensation
4. A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two /ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2017 as the plan is restricted.
How can you configure this scenario for the company?
A) Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
B) Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
C) Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
D) Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
5. Annual Health Insurance, Monthly Health Insurance
A) Termination Life Event configuration
B) Reinstatement rule events
C) Global Health Plan options
D) Overspending in flex credit shell plans
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: C |
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