CEBS GBA 1 Practice Exam Questions (2026) 100% Verified Complete Solutions

CEBS GBA 1 Practice Exam Questions (2026) 100% Verified Complete Solutions A prescription drug rebate occurs when: - Correct Answer There is an agreement between a pharmacy benefit manager and a drug manufacturer. The concept designed to make victims of losses whole again reflect the principle of: - Correct Answer Indemnification The design of any employee benefit plan should start with deciding: - Correct Answer What are the overall objectives of the plan. A peril as the term applies to the insurance mechanism is defined as: - Correct Answer The cause of loss A healthcare plan that has no restrictions on a member's choice of provider, no "steerage," and no basic utilization management is known as: - Correct Answer Indemnity plan The legislation that plays a fundamentally important role in protecting sensitive patient information gathered during behavioral treatment is: - Correct Answer Health Insurance Portability and Accountability Act (HIPAA) A dental plan in which certain procedures are reimbursed on a scheduled basis and others are reimbursed on a nonscheduled basis is called a(n): - Correct Answer Combination plan Regarding return on investment (ROI) evaluations and calculations, ROI evaluations usually: - Correct Answer Only consider the payback for the investor in terms of the money they get back for the money they put in. A behavioral health care carve-out program usually operates under a separate contract and from a separate company known as: - Correct Answer a Managed Behavioral Health Care Organization (MBHO) There can be great variability in employer spending to sponsor a workplace wellness program. The cost of these programs per employee per year typically ranges from: - Correct Answer $0-$450 Regarding employee benefit planning, the functional approach is: - Correct Answer Compatible with both the compensation/service oriented benefit philosophy and the needs-oriented benefit philoso