CEBS GBA 2 EXAM PRACTICE
ACCURATE QUESTIONS AND ANSWERS
(VERIFIED ANSWERS) | LATEST
(2026/2027) UPDATED VERSION |
100% GUARANTEED PASS
{JUST RELEASED}
1. According to the RAND Health Insurance Experiment, which variable has the
greatest power in explaining health expenditures?
A.) Welfare eligibility
B.) Prior utilization
C.) Physical health (based on self-reported measures)
D.) General health (based on self-reported measures)
E.) Mental health (based on self-reported measures) - ANSWER ✓ B.) Prior
utilization
2. A provision in some group life insurance plans that provides for the payment
of all or part of the death benefit in the event of the insured's terminal illness
is called:
, A.) Accelerated death benefits
B.) Waiver of premiums
C.) Maturity value benefits
D.) Continuation-of-protection
E.) Assignment - ANSWER ✓ A.) Accelerated death benefits
3. What reasons are given for the Silver plan being a popular choice among all
the Affordable Care Act (ACA) health plans?
A.) The Silver plan has the greatest actuarial value of all the plans.
B.) Cost-sharing subsidies to lower out-of-pocket costs are available only to
people who select the Silver plan.
C.) The Silver plan has the greatest benefits, even more than the Gold and
Platinum plans.
D.) The Silver plan has the lowest out-of-pocket costs of any plan even
before any subsidies.
E.) Many people select the Silver plan because they are not eligible for the
Gold or Platinum plans. - ANSWER ✓ B.) Cost-sharing subsidies to
lower out-of-pocket costs are available only to people who select the
Silver plan.
,4. Which of the following measures of cost is generally used by analysts when
they are examining the impact of insurance premiums on employees' choice of
health insurance plans?
A.) The loading percentage
B.) The total gross premium
C.) The insurer's profit
D.) The employee's out-of-pocket price
E.) The expected future gross premium - ANSWER ✓ D.) The employee's
out-of-pocket price
5. Which of the following statements regarding recognition as a patient-centered
medical home (PCMH) is correct?
A.) The only organization that can officially recognize a PCMH is the
Federally Qualified Health Center Demonstration.
B.) The only organization that can officially recognize a PCMH is the
National Committee for Quality Assurance (NCQA).
C.) No single organization is responsible for recognizing PCMHs.
D.) The main organization that recognizes PCMHs is the Joint
Commission and the Accreditation Commission for Health Care.
, E.) A PCMH can be recognized only by the state in which it is domiciled. -
ANSWER ✓ C.) No single organization is responsible for recognizing
PCMHs.
6. Which of the following statements regarding private health insurance
exchanges and Small Business Health Options Program (SHOP) exchanges is
correct?
A.) A lot of evidence has been produced to show that private exchanges
have been designed to make it easier for small business to self-insure.
B.) The income tax incentives previously provided to small employers in
the SHOP program have expired.
C.) Recently states were given the option of making SHOP exchanges
mandatory for all employers with fewer than 200 employees.
D.) Private exchanges could affect SHOP exchanges by siphoning
enrollment from them and thereby reducing revenue (administrative
fees) critical to SHOPs' financial viability.
E.) Unlike private exchanges, SHOP exchanges do not have the ability to
offer small employers a number of plan choices. - ANSWER ✓ D.)
Private exchanges could affect SHOP exchanges by siphoning
enrollment from them and thereby reducing revenue (administrative
fees) critical to SHOPs' financial viability.
ACCURATE QUESTIONS AND ANSWERS
(VERIFIED ANSWERS) | LATEST
(2026/2027) UPDATED VERSION |
100% GUARANTEED PASS
{JUST RELEASED}
1. According to the RAND Health Insurance Experiment, which variable has the
greatest power in explaining health expenditures?
A.) Welfare eligibility
B.) Prior utilization
C.) Physical health (based on self-reported measures)
D.) General health (based on self-reported measures)
E.) Mental health (based on self-reported measures) - ANSWER ✓ B.) Prior
utilization
2. A provision in some group life insurance plans that provides for the payment
of all or part of the death benefit in the event of the insured's terminal illness
is called:
, A.) Accelerated death benefits
B.) Waiver of premiums
C.) Maturity value benefits
D.) Continuation-of-protection
E.) Assignment - ANSWER ✓ A.) Accelerated death benefits
3. What reasons are given for the Silver plan being a popular choice among all
the Affordable Care Act (ACA) health plans?
A.) The Silver plan has the greatest actuarial value of all the plans.
B.) Cost-sharing subsidies to lower out-of-pocket costs are available only to
people who select the Silver plan.
C.) The Silver plan has the greatest benefits, even more than the Gold and
Platinum plans.
D.) The Silver plan has the lowest out-of-pocket costs of any plan even
before any subsidies.
E.) Many people select the Silver plan because they are not eligible for the
Gold or Platinum plans. - ANSWER ✓ B.) Cost-sharing subsidies to
lower out-of-pocket costs are available only to people who select the
Silver plan.
,4. Which of the following measures of cost is generally used by analysts when
they are examining the impact of insurance premiums on employees' choice of
health insurance plans?
A.) The loading percentage
B.) The total gross premium
C.) The insurer's profit
D.) The employee's out-of-pocket price
E.) The expected future gross premium - ANSWER ✓ D.) The employee's
out-of-pocket price
5. Which of the following statements regarding recognition as a patient-centered
medical home (PCMH) is correct?
A.) The only organization that can officially recognize a PCMH is the
Federally Qualified Health Center Demonstration.
B.) The only organization that can officially recognize a PCMH is the
National Committee for Quality Assurance (NCQA).
C.) No single organization is responsible for recognizing PCMHs.
D.) The main organization that recognizes PCMHs is the Joint
Commission and the Accreditation Commission for Health Care.
, E.) A PCMH can be recognized only by the state in which it is domiciled. -
ANSWER ✓ C.) No single organization is responsible for recognizing
PCMHs.
6. Which of the following statements regarding private health insurance
exchanges and Small Business Health Options Program (SHOP) exchanges is
correct?
A.) A lot of evidence has been produced to show that private exchanges
have been designed to make it easier for small business to self-insure.
B.) The income tax incentives previously provided to small employers in
the SHOP program have expired.
C.) Recently states were given the option of making SHOP exchanges
mandatory for all employers with fewer than 200 employees.
D.) Private exchanges could affect SHOP exchanges by siphoning
enrollment from them and thereby reducing revenue (administrative
fees) critical to SHOPs' financial viability.
E.) Unlike private exchanges, SHOP exchanges do not have the ability to
offer small employers a number of plan choices. - ANSWER ✓ D.)
Private exchanges could affect SHOP exchanges by siphoning
enrollment from them and thereby reducing revenue (administrative
fees) critical to SHOPs' financial viability.
