Verified 1Z0-1053-23 dumps Q&As - 2025 Latest 1Z0-1053-23 Download [Q45-Q69]

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Verified 1Z0-1053-23 dumps Q&As – 2025 Latest 1Z0-1053-23 Download

Dumps Questions [2025] Pass for 1Z0-1053-23 Exam

Q45. What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

The number of train stops can be configured.

Q46. As of event start date

Valid type of life event

Life event start date

Termination life event configuration

Creation of enrollment results

Q47. Termination life event configuration

Coverage Start Date: First of the Next Month

Plan Configuration, Evaluation and Reporting

Intervening life event backed out open event

Configurable

Q48. Intervening life event backed out open event

Termination life event configuration

Rate visibility issue

Reinstatement rule events

Termination life event configuration

Q49. Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.

All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.

All plans can be configured at the plan level.

All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.

Q50. The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?

Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.

Configure the eligibility profile with parameter – Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..

Configure the eligibility profile with parameter – Personal > Person Type > Employee and Employment tab > Salaried o. Hourly as Salaried” Related coverage > Eligible in another option in plan and attach this to both the plans.

Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.

Q51. The reinstatement rule enables you to restore elections during which two events?

The open event was backed out by the administrator from the Benefits Service Center.

The intervening life event activated the open event.

An intervening life event backed out the open event.

The open event was accidentally backed out.

Q52. Evaluate Life Events, Close Enrollment, Enrollment Authorizations

Number of train stops on benefits enrollment page

Valid type of life event

Termination life event configuration

Creation of enrollment results

Q53. Which is not a valid type of life event?

Explicit

Temporal

Scheduled

Unrestricted

Restricted

Q54. An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:

No life event is detected.

No option is available for the plan for enrollment.

No unrestricted event is available for the employee.

The employee is not eligible for the enrollment.

Q55. Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?

Associate the life events with only flexible benefit programs.

Associate the life events only with benefit plans which are not in a program.

Associate the life events only with Core benefit programs.

Associate the life events only with benefit plans which are in a program.

Associate the life events with benefit plans or program.

Q56. Your customer wants to create an explicit life event that can be used only in two specific legal entities. How do you accomplish this requirement?

On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.

On the Create Life Event page under General Information, select the Global check box and add specific legal entities.

On the Create Life Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.

On the Create Life Event page under Additional Information, leave the Self-Assigned check box blank and add specific legal entities.

Q57. Which statement about Waive options is true?

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.

Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

Waive options are options which do not require any dependent/beneficiary designation.

Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

Q58. Plan Configuration, Evaluation and Reporting

Tasks to prepare for open enrollment

Overspending in flex credit shell plans

Number of train stops on benefits enrollment page

Valid type of life event

Q59. An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date – January 1, 201/
2) Enrollment Period End Date – January 31, 2017
3) Assign Defaults Date – January 31, 2017
4) Assigned Life Event Date – January 15, 2017
5) Coverage Start Date – Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?

December 28, 2016

January 15, 2017

January 31, 2017

January 22, 2017

Q60. The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

The life event date configured for XX Life Program is not 15 March 2017

There is no configuration for open enrollment for the XX Life Program.

The benefits administrator has a login from the previous date to that of 15 March 20l7.

A cycle has already run for open enrollment, so no life event date is available.

Q61. The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

The life event date was different.

The life event was not backed out properly.

The life event was configured for another date.

The life event reinstatement rule was configured.

Q62. Benefit configuration for dependent options

Evaluate life events, close enrollment, enrollment authorizations

Create two eligibility profiles based on age

Hours worked, full-time equivalent, compensation

Optional, mandatory for participant

Q63. XX Global Health Plan has multiple options attached.
* Option i: XX Annual Health Insurance
* Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event – Termination?

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with “Formula” as the enrollment period start date, attaching a customized Enrollment period start date type formula.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with “Number of Days from the event” as the enrollment period start date and the number field as 15.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with “Mid of the month” as the enrollment period start date.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with “As of event date” as the enrollment period start date.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with “Formula” as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.

Q64. A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?

Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Create a default life event for this task XX Admin Life event. Create a separate-eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.

Create a default life event for this task XX Admin Life event. Attach it to the Plan. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Q65. Achieved via configuration

Valid type of Life Event

Overspending in flex credit shell plans

Number of train stops on benefits enrollment page

Designating dependents on Train Stop

Q66. A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?

as of enrollment start date

as of coverage start date

as of event start date

as of rate start date

Q67. You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company’s plan?

Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.

Configure a primary rate with the calculation method as Multiple of Coverage.

Configure a secondary rate with the calculation method as Multiple of Coverage.

Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.

Q68. 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?

Standard Rate Value

Standard Input Value

Standard Coverage Value

Standard Wash Rule Formula

Q69. How do you set up a Termination life event to end coverage at the end of the month?

Coverage and Rate Date Ranges:Coverage Start Date: End of the MonthPrevious Coverage End Date: First of the Next Month

Coverage and Rate Date Ranges:Coverage Start Date: First of the MonthPrevious Coverage End Date: End of the Month

Coverage and Rate Date Ranges:Coverage Start Date: First of the Next MonthPrevious Coverage End Date: End of the Month

Coverage and Pate Date Ranges:Coverage Start Date: End of the MonthPrevious Coverage End Date: End of the Month