1.
When does Northrup Grumman transition?
Correct Answer
B. August 1st
Explanation
Northrup Grumman transitions on August 1st.
2.
What is the name associated with the group funding account?
Correct Answer
A. RHRA
Explanation
The name associated with the group funding account is RHRA.
3.
What can the reimbursement account be used for?
Correct Answer
D. Premiums Only including Part B Premiums
Explanation
The reimbursement account can be used for premiums, including Part B premiums. This means that the account can be used to cover the cost of insurance premiums, specifically including Part B premiums. It does not cover out-of-pocket expenses or all 213d expenses.
4.
What are the 3 different funding amounts?
Correct Answer
B. $1200, $2160, $2700
Explanation
The three different funding amounts are $1200, $2160, and $2700.
5.
There are some participants who may have an end date to funding.
Correct Answer
A. True
Explanation
Some participants in a funding program may have a specified end date for their funding. This means that their funding will only be provided for a certain period of time and will not continue indefinitely. This could be due to various reasons such as the completion of a project or the expiration of a grant. Therefore, the statement "There are some participants who may have an end date to funding" is true.
6.
Funding the retirees should be referred to as “credits” and not “dollars”
Correct Answer
A. True
Explanation
The statement is true because referring to funding for retirees as "credits" instead of "dollars" implies that the funding is not in the form of physical currency but rather as a form of credit or entitlement. This suggests that the retirees are receiving benefits or financial support in a non-monetary form, such as through a pension or social security system.
7.
Who can enroll in a Kaiser individual plan?
Correct Answer
B. Any participant regardless if previously enrolled in the Kaiser Group plan
Explanation
Any participant, regardless of whether they were previously enrolled in the Kaiser Group plan or not, can enroll in a Kaiser individual plan. This means that both individuals who were previously covered under the group plan and those who were not can choose to enroll in the individual plan offered by Kaiser.
8.
How do we designate that participants are choosing to enroll in Kaiser coverage?
Correct Answer
D. Both A&B
Explanation
The correct answer is Both A&B. Participants can designate that they are choosing to enroll in Kaiser coverage by both making a disposition call as "Calling to activate HRA" and documenting it in the "Other Coverage" tab in the customer record.
9.
What’s the process for address changes?
Correct Answer
A. 3-way call to NGC benefits center or provide the benefits center pHone number
Explanation
The correct answer is to perform a 3-way call to the NGC benefits center or provide the benefits center phone number. This suggests that in order to process address changes, one should either directly contact the NGC benefits center through a 3-way call or provide the phone number of the benefits center to the concerned individual.
10.
When will we know about carryover balances for retirees with the Anthem CDHP plan?
Correct Answer
D. November 1st
Explanation
The correct answer is November 1st because this is the date when retirees with the Anthem CDHP plan will know about their carryover balances. It implies that the information regarding the carryover balances will be provided to retirees on November 1st, indicating that this is the specific date for them to be informed about their balances.
11.
NGC offers Catastrophic Rx coverage
Correct Answer
A. True
Explanation
NGC (National General Corporation) offers Catastrophic Rx coverage. This means that NGC provides insurance coverage for catastrophic prescription drug expenses.
12.
What’s the enrollment requirement for funding
Correct Answer
B. Must enroll in a Medical and/or Rx plan through OneExchange or Kaiser
Explanation
The enrollment requirement for funding is that the individual must enroll in a Medical and/or Rx plan through OneExchange or Kaiser. This means that in order to be eligible for funding, the person must sign up for a healthcare plan through one of these providers.
13.
For what segment do we need to understand the transition of care process?
Correct Answer
E. All of the above
Explanation
The transition of care process needs to be understood for all segments mentioned, which include Losing Medical and Rx, Losing Medical Only, Losing Rx Only, and Kaiser. This implies that regardless of the specific segment, it is important to comprehend how the transition of care occurs.
14.
What is the current process for someone needing transition of care assistance?
Correct Answer
A. Advise retirees to call OneExchange once they receive their cards
Explanation
The current process for someone needing transition of care assistance is to advise retirees to call OneExchange once they receive their cards. This suggests that the individual should reach out to OneExchange after receiving their cards in order to receive assistance with transitioning their care.