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| Section | Objectives |
|---|---|
| Fast Formulas and Calculations | - Benefits Fast Formulas usage
|
| Payroll and Financial Integration | - Integration with payroll systems
|
| Benefits Cloud Overview | - Architecture and key concepts of Oracle Benefits Cloud
|
| Security and Administration | - Role-based access and security model
|
| Reporting and Maintenance | - Benefits reporting and analytics
|
| Plan and Program Configuration | - Benefit programs and plan design
|
| Eligibility and Profiles | - Eligibility Profiles setup and usage
|
| Enrollment and Life Events | - Life event processing
|
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?
Which three are correct methods by which enrollment results can be created and made available for viewing?
How do you configure the link between the payroll module and benefits?
Which two statements are correct with respect to required action in the eligibility profile?
When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?
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