CEBS GBA EXAM SCRIPT WITH VERIFIED
QUESTIONS AND ANSWERS
●● 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
●● 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.
●● 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
●● 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.
●● 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.
●● What is the waiting period for Social Security Disability Income
(SSDI) benefits?
A.) One month
B.) Three consecutive months
C.) Five consecutive months
D.) Six consecutive months
E.) Twelve consecutive months
Answer: C.) Five consecutive months
●● "Desktop medicine" is a fully integrated approach using information
technology whose primary goal is to:
A.) Recruit prospective health plan subscribers
B.) Help track patients through their plan of care
C.) Encourage patient self-diagnosis using the Internet
D.) Gather health status metrics for large patient populations
E.) Expedite health provider use of technology
Answer: B.) Help track patients through their plan of care
QUESTIONS AND ANSWERS
●● 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
●● 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.
●● 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
●● 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.
●● 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.
●● What is the waiting period for Social Security Disability Income
(SSDI) benefits?
A.) One month
B.) Three consecutive months
C.) Five consecutive months
D.) Six consecutive months
E.) Twelve consecutive months
Answer: C.) Five consecutive months
●● "Desktop medicine" is a fully integrated approach using information
technology whose primary goal is to:
A.) Recruit prospective health plan subscribers
B.) Help track patients through their plan of care
C.) Encourage patient self-diagnosis using the Internet
D.) Gather health status metrics for large patient populations
E.) Expedite health provider use of technology
Answer: B.) Help track patients through their plan of care
