AHIP Testing 2022/2023 685 QUESTIONS AND ANSWERS. GRADED A+

following ways? Correct Answer: CMS requires plan sponsors to create and complete a corrective action plan and may terminate a sponsor's contract. Monica is an agent focused on serving seniors eligible for Medicare. As she reviews her records, she is trying to determine which of the following items are considered compensation. What do you tell her? I. Commissions II. Bonuses III. Mileage reimbursement IV. Referral fees Correct Answer: I, II, and IV only Alice is a marketing representative employed by a health plan. Betty is a captive agent of a health plan who markets to multiple plans and sponsors. Carl is a captive agent who markets to only one plan/sponsor. Denise is an independent agent who markets to different types of groups. Edward is an independent agent who markets only to employer and union groups. CMS marketing representative compensation rules generally apply to: Correct Answer: Betty and Denise, but not Alice (the employee) or Carl or Edward (to whom exceptions apply). Wendy Park becomes eligible for Medicare for the first time in July. With the help of Agent James Chan, she enrolls in FeelBetter Medicare Advantage plan with an effective date of July 1st. How will Agent