Page 1 of 28
PY, Pennie Individual Marketplace Training for
New Agents and Brokers EXAM ALL
QUESTIONS AND VERIFIED SOLUTIONS
LATEST UPDATE THIS YEAR
Deductibles, copayments, coinsurance, and out-of-pocket limits are all examples of:
a) penalties
b) essential health benefits
c) cost sharing
d) all of the above
c) cost sharing
What were some of the goals of the Affordable Care Act (ACA) healthcare reform law enacted
in 2010?
a) make heallth insurance more affordable for more people
b) ensure people cannot be denied coverage because of - or charged more for - pre-existing
conditions
c) establish a list of essential health benefits (EHB) insurers must cover
1
, Page 2 of 28
d) all of the above
d) all of the above
All medical plans offered thru Pennie constitute Minimum Essential Coverage (MEC)
True or False
True
The Inflation Reduction Act (IRA) signed into law in 2022, extends the premium subsidies
created by the American Rescue Plan Act (ARPA) from 2022 through what year? a) 2023 b)
2024 c) 2025 d) 2026
c) 2025
What were the main goals of Act 42 of 2019, the legislation which allowed the creation of an
insurance marketplace for the state of Pennsyvanina?
a) Transaction from the federal exchange (Healthcare.gov) and set up a state-based exchange
b) Reduce service and operational costs c) Launch a reinsurance program to increase savings
for families d ) all of the above
d ) all of the above
Both Exchange Assisters and Brokers can help a customer complete an application through
Pennie and recommend a plan that would best fit their personal needs.
2
, Page 3 of 28
a) true b) false
b) false
To meet the requirements of the Pennsylvania Navigator and Exchange Assister Accessibility
and Regulation Act, an Assister must adhere to all of the following except a) reside in the
Commonwealth b) maintain appointments with all insurers on the Exchange c) register with
the Pennsylvania Insurance Department (PID) d) avoid engaging in activities which could be
considered conflicts of interest
b) maintain appointments with all insurers on the Exchange
customers seeking assistance can use which of the following methods to be connected to a
broker or assister? a) pennie customer service 844-844-8040 b) pennie chat feature c) pennie
"get help" tool d) all of the above
d) all of the above
only brokers or assisters can initiate the process to appoint an agent of Record/Authorized
Representative. True or False
False
When dealing with a frustrated or emotional customer, you should not: a) commiserate or
agree with the customer's claim that the law or a particular process is unfair b) show
3
PY, Pennie Individual Marketplace Training for
New Agents and Brokers EXAM ALL
QUESTIONS AND VERIFIED SOLUTIONS
LATEST UPDATE THIS YEAR
Deductibles, copayments, coinsurance, and out-of-pocket limits are all examples of:
a) penalties
b) essential health benefits
c) cost sharing
d) all of the above
c) cost sharing
What were some of the goals of the Affordable Care Act (ACA) healthcare reform law enacted
in 2010?
a) make heallth insurance more affordable for more people
b) ensure people cannot be denied coverage because of - or charged more for - pre-existing
conditions
c) establish a list of essential health benefits (EHB) insurers must cover
1
, Page 2 of 28
d) all of the above
d) all of the above
All medical plans offered thru Pennie constitute Minimum Essential Coverage (MEC)
True or False
True
The Inflation Reduction Act (IRA) signed into law in 2022, extends the premium subsidies
created by the American Rescue Plan Act (ARPA) from 2022 through what year? a) 2023 b)
2024 c) 2025 d) 2026
c) 2025
What were the main goals of Act 42 of 2019, the legislation which allowed the creation of an
insurance marketplace for the state of Pennsyvanina?
a) Transaction from the federal exchange (Healthcare.gov) and set up a state-based exchange
b) Reduce service and operational costs c) Launch a reinsurance program to increase savings
for families d ) all of the above
d ) all of the above
Both Exchange Assisters and Brokers can help a customer complete an application through
Pennie and recommend a plan that would best fit their personal needs.
2
, Page 3 of 28
a) true b) false
b) false
To meet the requirements of the Pennsylvania Navigator and Exchange Assister Accessibility
and Regulation Act, an Assister must adhere to all of the following except a) reside in the
Commonwealth b) maintain appointments with all insurers on the Exchange c) register with
the Pennsylvania Insurance Department (PID) d) avoid engaging in activities which could be
considered conflicts of interest
b) maintain appointments with all insurers on the Exchange
customers seeking assistance can use which of the following methods to be connected to a
broker or assister? a) pennie customer service 844-844-8040 b) pennie chat feature c) pennie
"get help" tool d) all of the above
d) all of the above
only brokers or assisters can initiate the process to appoint an agent of Record/Authorized
Representative. True or False
False
When dealing with a frustrated or emotional customer, you should not: a) commiserate or
agree with the customer's claim that the law or a particular process is unfair b) show
3
