Colorado Health Insurance Exam Prep 2026/2027
– 200 Questions Covering CDI Regulations, ACA
Compliance, Medicare, Managed Care, and Ethics
for Producer Licensing
Table of Contents:
Section 1: Colorado Insurance Laws & Regulations (Questions 1–50)
Section 2: Insurance Contract Law & Fundamentals (Questions 51–70)
Section 3: Policy Provisions & Underwriting (Questions 71–100)
Section 4: Health Insurance Types & Managed Care (Questions 101–120)
Section 5: Federal Laws – ACA, HIPAA, COBRA (Questions 121–140)
Section 6: Medicare (Questions 141–160)
Section 7: Prohibited Practices, Ethics & Fraud (Questions 161–180)
Section 8: Mixed Practice – Comprehensive Review (Questions 181–200)
Includes: Answer Key with Detailed Explanations for Every Question
Covers: Colorado Health Insurance Exam, CDI DORA Regulations, Contract Law, ACA,
Medicare, Managed Care, HIPAA, COBRA, and Ethics
Section 1: Colorado Insurance Laws & Regulations (Questions 1-50)
,1. The Colorado Division of Insurance is part of which state department?
A. Department of Health and Human Services
B. Department of Revenue
C. Department of Regulatory Agencies (DORA)
D. Department of Labor and Employment
Answer: C. Department of Regulatory Agencies (DORA)
Explanation: The Colorado Division of Insurance operates under the Department of
Regulatory Agencies (DORA). It is responsible for regulating the insurance industry in
Colorado, including licensing, market conduct, and consumer protection .
2. What is the term length for an insurance producer license in Colorado?
A. 1 year
B. 2 years
C. 3 years
D. 4 years
Answer: B. 2 years
Explanation: Colorado insurance producer licenses are valid for a 2-year term. Licenses
expire on the last day of the producer's birth month in even-numbered years .
3. How many hours of prelicensing education are required before taking the Colorado
health insurance exam?
A. 20 hours
,B. 40 hours
C. 50 hours
D. 60 hours
Answer: C. 50 hours
Explanation: Colorado requires a minimum of 50 hours of prelicensing education for the
health insurance line of authority. This must be completed through an approved provider
before taking the licensing exam.
4. How many hours of continuing education (CE) are required for license renewal in
Colorado?
A. 12 hours
B. 20 hours
C. 24 hours
D. 30 hours
Answer: C. 24 hours
Explanation: Colorado requires 24 hours of continuing education every 2-year renewal
period. This includes 3 hours of ethics training .
5. An insurance producer must notify the Colorado Division of Insurance of a change
of address within how many days?
A. 10 days
B. 15 days
, C. 30 days
D. 60 days
Answer: C. 30 days
Explanation: Producers must notify the Commissioner of any change of address within 30
days of the change .
6. What is the maximum penalty for an unintentional violation of Colorado insurance
laws?
A. $1,000
B. $2,500
C. $3,000
D. $5,000
**Answer: C. $3,000***
*Explanation: The maximum penalty for an unintentional violation is $3,000. The maximum
for all unintentional violations combined is $30,000 .
7. What is the maximum penalty for a knowing violation of Colorado insurance laws?
A. $50,000
B. $100,000
C. $750,000
D. $1,000,000
– 200 Questions Covering CDI Regulations, ACA
Compliance, Medicare, Managed Care, and Ethics
for Producer Licensing
Table of Contents:
Section 1: Colorado Insurance Laws & Regulations (Questions 1–50)
Section 2: Insurance Contract Law & Fundamentals (Questions 51–70)
Section 3: Policy Provisions & Underwriting (Questions 71–100)
Section 4: Health Insurance Types & Managed Care (Questions 101–120)
Section 5: Federal Laws – ACA, HIPAA, COBRA (Questions 121–140)
Section 6: Medicare (Questions 141–160)
Section 7: Prohibited Practices, Ethics & Fraud (Questions 161–180)
Section 8: Mixed Practice – Comprehensive Review (Questions 181–200)
Includes: Answer Key with Detailed Explanations for Every Question
Covers: Colorado Health Insurance Exam, CDI DORA Regulations, Contract Law, ACA,
Medicare, Managed Care, HIPAA, COBRA, and Ethics
Section 1: Colorado Insurance Laws & Regulations (Questions 1-50)
,1. The Colorado Division of Insurance is part of which state department?
A. Department of Health and Human Services
B. Department of Revenue
C. Department of Regulatory Agencies (DORA)
D. Department of Labor and Employment
Answer: C. Department of Regulatory Agencies (DORA)
Explanation: The Colorado Division of Insurance operates under the Department of
Regulatory Agencies (DORA). It is responsible for regulating the insurance industry in
Colorado, including licensing, market conduct, and consumer protection .
2. What is the term length for an insurance producer license in Colorado?
A. 1 year
B. 2 years
C. 3 years
D. 4 years
Answer: B. 2 years
Explanation: Colorado insurance producer licenses are valid for a 2-year term. Licenses
expire on the last day of the producer's birth month in even-numbered years .
3. How many hours of prelicensing education are required before taking the Colorado
health insurance exam?
A. 20 hours
,B. 40 hours
C. 50 hours
D. 60 hours
Answer: C. 50 hours
Explanation: Colorado requires a minimum of 50 hours of prelicensing education for the
health insurance line of authority. This must be completed through an approved provider
before taking the licensing exam.
4. How many hours of continuing education (CE) are required for license renewal in
Colorado?
A. 12 hours
B. 20 hours
C. 24 hours
D. 30 hours
Answer: C. 24 hours
Explanation: Colorado requires 24 hours of continuing education every 2-year renewal
period. This includes 3 hours of ethics training .
5. An insurance producer must notify the Colorado Division of Insurance of a change
of address within how many days?
A. 10 days
B. 15 days
, C. 30 days
D. 60 days
Answer: C. 30 days
Explanation: Producers must notify the Commissioner of any change of address within 30
days of the change .
6. What is the maximum penalty for an unintentional violation of Colorado insurance
laws?
A. $1,000
B. $2,500
C. $3,000
D. $5,000
**Answer: C. $3,000***
*Explanation: The maximum penalty for an unintentional violation is $3,000. The maximum
for all unintentional violations combined is $30,000 .
7. What is the maximum penalty for a knowing violation of Colorado insurance laws?
A. $50,000
B. $100,000
C. $750,000
D. $1,000,000
