WorksheetsLife Lunch & Learn April 2020
Total questions: 10
Worksheet time: 4mins
Check the scenarios where EOI would be required for traditional enrollment
*select all that apply*
An employee enrolls for coverage after the date he or she is first eligible
Amount of insurance requested exceeds the Guarantee Issue amount
An employee elects to increase coverage to a higher amount or increment level
The HIG Standard Continuity of Coverage is also known as
Continuity of Coverage - DBO Prior Plan
Continuity of Coverage - PW Prior Plan
Which of the following should be removed from the census and NOT included in the manual rate:
*select all that apply*
Temporary/Seasonal Employees
COBRA Employees
Employees on Leave
Employees in a waiting period within 1 year of the effective date
Ratabase calculates Life age reductions as:
Reduced to
Reduced by
What is the correct calculation to determine a plan change factor?
Original Manual Rate / New Manual Rate
New Manual Rate / Original Manual Rate
For cases with California Premium Waiver, Which option should be selected in the Life Best Estimate Tool
Enriched Waiver
Lifetime Waiver
PW 60 Extension
PW 60
Life Line G rate includes a load for Rate Guarantee
True
False
In determining the Dependent Rate Basis, which of the following yield the SAME premium & volume regardless of the number of children?
*select all that apply*
Per Unit Child
Per $1,000
Per $1,000 Unit Child
The definition of Formula Rate for Life coverages includes all experience provided from a minimum of 12 months, up to a maximum of the most recent (a) months
The Quality Management Team is a GREAT resource to contact when you have questions with a case
True
False
