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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. Annual Health Insurance, Monthly Health Insurance

A) Global Health Plan options
B) Reinstatement rule events
C) Termination Life Event configuration
D) Overspending in flex credit shell plans

2. Plan Configuration, Evaluation and Reporting

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

3. A plan is created for a calendar year from 01/01/2017 and ends on 12/31/2017. The company wants to create an event on the occurrence of life event date. What will be the life event start date?

A) as of coverage start date
B) as of enrollment start date
C) as of rate start date
D) as of event start date

4. XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?

A) Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
B) Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
C) Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
D) Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance PlanB.

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 Input Value
B) Standard Coverage Value
C) Standard Wash Rule Formula
D) Standard Rate Value

Solutions: