Mr. Prentice has many clients who are Medicare beneficiaries. He should review the
Centers for Medicare & Medicaid Services' Marketing Guidelines to ensure he is
compliant for which type of products? - ✔✔c. Medicare Ad
...
Mr. Prentice has many clients who are Medicare beneficiaries. He should review the
Centers for Medicare & Medicaid Services' Marketing Guidelines to ensure he is
compliant for which type of products? - ✔✔c. Medicare Advantage (MA) and
Prescription Drug (PDP) plans Correct
Another agent working for your agency claims that because you are not employed by
the Medicare Advantage plans that you represent, you are not subject to the same
requirements as the plans themselves. How should you respond to such a statement? -
✔✔c. Your coworker is not correct. Marketing on behalf of a plan is considered
marketing by the plan and requires that all contracted and employed agents comply with
all Medicare marketing rules. Correct
You work for a company that has marketed Medigap products for many years. The
company has added Medicare Advantage and Part D plans and you will begin
marketing those plans this fall. You are planning what materials to use to easily show
the differences in benefits, premiums and cost sharing for each of the products. What
do you need to do with your materials before using them for marketing purposes? -
✔✔b. You must submit your materials to the plan you represent, so CMS can review
and approve the materials to ensure they are accurate. Correct
Which of the following is a correct statement about state laws as they pertain to
marketing representatives? - ✔✔d. Medicare health plans must comply with requests for
information from state insurance departments investigating complaints about a
marketing representative. Correct
You are seeking to represent an individual Medicare Advantage plan and an individual
Part D plan in your state. You have completed the required training for each plan, but
you did not achieve a passing score on the tests that came after the training. What can
you do in this situation? - ✔✔a. You will not be able to represent any Medicare
Advantage or Part D plan until you complete the training and achieve an adequate
score, although you will not have to take a test if you exclusively market employer/union
group plans and the companies do not require testing. Correct
Your colleague works at a third party marketing organization (TMO) and she said she
did not need to take the Medicare training for brokers and agents or pass a test to
market Medicare plans since her contract is with the TMO, not the plans that have the
products she sells. What could you say to her? - ✔✔d. You could tell her she is wrong,
and that only agents selling employer/union group plans are permitted an exemption
from testing, but some employer/union group plans may require testing to promote
agent compliance with CMS marketing requirements. Correct
Agent Armstrong is employed by XYZ Agency, which is under contract with ABC Health
Plan, a Medicare Advantage (MA) plan that offers plans in multiple states. XYZ Agencymaintains a website marketing the MA plans with which it has contracts. Agent
Armstrong follows up with individuals who request more information about ABC MA
plans via the website and tries to persuade them to enroll in ABC plans. What statement
best describes the marketing and compliance rules that apply to Agent Armstrong? -
✔✔c. Agent Armstrong needs to be licensed and appointed in every state in which
beneficiaries to whom he markets ABC MA plans are located. Correct
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