CERTIFIED MEDICAID PLANNER (CMP™)
EXAMINATION COMPLETE QUESTIONS
AND DETAILED SOLUTIONS LATEST
UPDATE THIS YEAR JUST RELEASED
Question 1
What is the primary purpose of Medicaid long-term care planning?
A) To help clients invest in health insurance policies
B) To protect assets while ensuring Medicaid eligibility
C) To increase a client's overall income
D) To avoid paying taxes
Correct Answer: B
Rationale: Medicaid planning helps clients qualify for benefits without
unnecessarily depleting their assets. The goal is to balance asset protection for the
client and their family while meeting Medicaid's strict financial eligibility
requirements.
Question 2
Which federal agency oversees the Medicaid program at the national level?
A) Internal Revenue Service (IRS)
B) Centers for Medicare & Medicaid Services (CMS)
C) Social Security Administration (SSA)
D) Department of Health and Human Services (HHS)
Correct Answer: B
Rationale: The Centers for Medicare & Medicaid Services (CMS) is the federal
agency responsible for overseeing both the Medicare and Medicaid programs,
providing guidance and ensuring state compliance with federal regulations.
,Question 3
Which section of the Social Security Act establishes the Medicaid program?
A) Title I
B) Title IX
C) Title XVIII
D) Title XIX
Correct Answer: D
Rationale: Title XIX of the Social Security Act, enacted in 1965, creates and
authorizes the Medicaid program, establishing the federal framework for this joint
state-federal healthcare program.
Question 4
Medicaid is funded through which of the following arrangements?
A) State funding only
B) Federal funding only
C) Joint state and federal government funding
D) Local county funding only
Correct Answer: C
Rationale: Medicaid is funded jointly by state and federal governments. The
federal share (FMAP) varies by state based on per capita income, typically ranging
from 50% to 75%.
Question 5
What is the Federal Medical Assistance Percentage (FMAP)?
A) The percentage of Medicaid costs paid by the state
B) The percentage of Medicaid costs paid by the federal government
C) The percentage of Medicare costs paid by beneficiaries
D) The percentage of Medicaid beneficiaries who are dual-eligible
Correct Answer: B
,Rationale: FMAP represents the percentage of Medicaid costs paid by the federal
government. It varies by state based on per capita income, with wealthier states
receiving a lower federal match and poorer states receiving a higher match.
Question 6
What is the primary role of a Certified Medicaid Planner (CMP™)?
A) To provide medical care to Medicaid recipients
B) To assist clients in navigating the Medicaid system and achieving eligibility
C) To process Medicaid claims for healthcare providers
D) To enforce Medicaid regulations
Correct Answer: B
Rationale: The focus of a CMP™ is planning for Medicaid eligibility for long-
term care assistance. The CMP™ helps clients navigate the Medicaid system,
structure their finances, and achieve eligibility while preserving assets.
Question 7
Which federal law provides the primary authority for the Medicaid program?
A) The Affordable Care Act
B) The Social Security Act
C) The Medicare Act
D) The Health Insurance Portability and Accountability Act (HIPAA)
Correct Answer: B
Rationale: The Social Security Act, as amended, creates Medicaid and outlines its
eligibility and funding structures. Title XIX of the Social Security Act specifically
establishes the Medicaid program.
Question 8
The term "ABD" in Medicaid eligibility stands for:
A) Assisted Beneficiary Designation
B) Annual Benefit Distribution
, C) Asset-Based Determination
D) Aged, Blind, and Disabled
Correct Answer: D
Rationale: ABD classifies individuals who are either aged (65+), blind, or
disabled for Medicaid eligibility purposes. These are the traditional categorical
eligibility groups.
Question 9
Which of the following is considered a countable income source for Medicaid?
A) Social Security Retirement Benefits
B) SSI benefits
C) Unemployment compensation
D) Veterans' pension (non-medical)
Correct Answer: C
Rationale: Unemployment compensation is countable income for Medicaid
purposes. SSI benefits are generally non-countable, and veterans' pension may be
excluded depending on state rules.
Question 10
What is the primary purpose of Medicaid?
A) To provide retirement income for elderly citizens
B) To provide health coverage for low-income individuals and families
C) To fund educational scholarships for healthcare professionals
D) To provide unemployment benefits
Correct Answer: B
Rationale: Medicaid is a joint federal-state program that provides health coverage
to eligible low-income individuals and families, including the elderly, people with
disabilities, and children.
EXAMINATION COMPLETE QUESTIONS
AND DETAILED SOLUTIONS LATEST
UPDATE THIS YEAR JUST RELEASED
Question 1
What is the primary purpose of Medicaid long-term care planning?
A) To help clients invest in health insurance policies
B) To protect assets while ensuring Medicaid eligibility
C) To increase a client's overall income
D) To avoid paying taxes
Correct Answer: B
Rationale: Medicaid planning helps clients qualify for benefits without
unnecessarily depleting their assets. The goal is to balance asset protection for the
client and their family while meeting Medicaid's strict financial eligibility
requirements.
Question 2
Which federal agency oversees the Medicaid program at the national level?
A) Internal Revenue Service (IRS)
B) Centers for Medicare & Medicaid Services (CMS)
C) Social Security Administration (SSA)
D) Department of Health and Human Services (HHS)
Correct Answer: B
Rationale: The Centers for Medicare & Medicaid Services (CMS) is the federal
agency responsible for overseeing both the Medicare and Medicaid programs,
providing guidance and ensuring state compliance with federal regulations.
,Question 3
Which section of the Social Security Act establishes the Medicaid program?
A) Title I
B) Title IX
C) Title XVIII
D) Title XIX
Correct Answer: D
Rationale: Title XIX of the Social Security Act, enacted in 1965, creates and
authorizes the Medicaid program, establishing the federal framework for this joint
state-federal healthcare program.
Question 4
Medicaid is funded through which of the following arrangements?
A) State funding only
B) Federal funding only
C) Joint state and federal government funding
D) Local county funding only
Correct Answer: C
Rationale: Medicaid is funded jointly by state and federal governments. The
federal share (FMAP) varies by state based on per capita income, typically ranging
from 50% to 75%.
Question 5
What is the Federal Medical Assistance Percentage (FMAP)?
A) The percentage of Medicaid costs paid by the state
B) The percentage of Medicaid costs paid by the federal government
C) The percentage of Medicare costs paid by beneficiaries
D) The percentage of Medicaid beneficiaries who are dual-eligible
Correct Answer: B
,Rationale: FMAP represents the percentage of Medicaid costs paid by the federal
government. It varies by state based on per capita income, with wealthier states
receiving a lower federal match and poorer states receiving a higher match.
Question 6
What is the primary role of a Certified Medicaid Planner (CMP™)?
A) To provide medical care to Medicaid recipients
B) To assist clients in navigating the Medicaid system and achieving eligibility
C) To process Medicaid claims for healthcare providers
D) To enforce Medicaid regulations
Correct Answer: B
Rationale: The focus of a CMP™ is planning for Medicaid eligibility for long-
term care assistance. The CMP™ helps clients navigate the Medicaid system,
structure their finances, and achieve eligibility while preserving assets.
Question 7
Which federal law provides the primary authority for the Medicaid program?
A) The Affordable Care Act
B) The Social Security Act
C) The Medicare Act
D) The Health Insurance Portability and Accountability Act (HIPAA)
Correct Answer: B
Rationale: The Social Security Act, as amended, creates Medicaid and outlines its
eligibility and funding structures. Title XIX of the Social Security Act specifically
establishes the Medicaid program.
Question 8
The term "ABD" in Medicaid eligibility stands for:
A) Assisted Beneficiary Designation
B) Annual Benefit Distribution
, C) Asset-Based Determination
D) Aged, Blind, and Disabled
Correct Answer: D
Rationale: ABD classifies individuals who are either aged (65+), blind, or
disabled for Medicaid eligibility purposes. These are the traditional categorical
eligibility groups.
Question 9
Which of the following is considered a countable income source for Medicaid?
A) Social Security Retirement Benefits
B) SSI benefits
C) Unemployment compensation
D) Veterans' pension (non-medical)
Correct Answer: C
Rationale: Unemployment compensation is countable income for Medicaid
purposes. SSI benefits are generally non-countable, and veterans' pension may be
excluded depending on state rules.
Question 10
What is the primary purpose of Medicaid?
A) To provide retirement income for elderly citizens
B) To provide health coverage for low-income individuals and families
C) To fund educational scholarships for healthcare professionals
D) To provide unemployment benefits
Correct Answer: B
Rationale: Medicaid is a joint federal-state program that provides health coverage
to eligible low-income individuals and families, including the elderly, people with
disabilities, and children.
