CERTIFIED MEDICAID PLANNER (CMP™) ACTUAL EXAM 2026/2027
PRACTICE QUESTIONS AND STUDY GUIDE ACCURATE EXAM
COMPLETE APPROVED QUESTIONS AND CORRECT DETAILED
ANSWERS WITH RATIONALES (100% CORRECT VERIFIED SOLUTIONS)
A NEW UPDATED VERSION 2026 EDITION |GUARANTEED PASS A+
|FULL REVISED CERTIFIED MEDICAID PLANNER (CMP™) APPROVED
EXAM|INSTANT DOWNLOAD PDF
Question 1
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) Title XIX
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 2
Which federal agency oversees the Medicaid program at the national
level?
,A) Internal Revenue Service (IRS)
B) Social Security Administration (SSA)
C) Centers for Medicare & Medicaid Services (CMS)
D) Department of Health and Human Services (HHS)
Correct Answer: C) Centers for Medicare & Medicaid Services
(CMS)
Rationale: CMS is the federal agency responsible for overseeing both
Medicare and Medicaid programs, providing guidance and ensuring
state compliance with federal regulations.
Question 3
Medicaid is primarily funded through which combination of sources?
A) Federal taxes only
B) State taxes only
C) Federal and state governments jointly
D) Private insurance premiums
Correct Answer: C) Federal and state governments jointly
Rationale: Medicaid is a joint federal-state program. The federal
government provides matching funds (FMAP) to states based on per
,capita income, while states administer the program and contribute
their share.
Question 4
What does the Federal Medical Assistance Percentage (FMAP)
determine?
A) The percentage of Medicaid beneficiaries in each state
B) The federal matching rate for state Medicaid expenditures
C) The state's Medicaid eligibility threshold
D) The percentage of services covered by Medicaid
Correct Answer: B) The federal matching rate for state Medicaid
expenditures
Rationale: FMAP determines the federal government's matching rate
for state Medicaid expenditures. Wealthier states receive a lower
FMAP (minimum 50%), while poorer states receive a higher FMAP
(up to approximately 75%).
Question 5
Which of the following is a primary difference between Medicaid
and Medicare?
A) Medicaid is only for seniors; Medicare is for all ages
, B) Medicaid is means-tested; Medicare is primarily age-based
C) Medicare covers long-term custodial care; Medicaid does not
D) Medicaid is federally funded only
Correct Answer: B) Medicaid is means-tested; Medicare is primarily
age-based
Rationale: Medicaid is a means-tested program based on financial
eligibility, while Medicare is primarily an entitlement program for
individuals aged 65 and older (and certain younger disabled
individuals) regardless of income.
Question 6
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 income
D) To avoid paying taxes
Correct Answer: B) To protect assets while ensuring Medicaid
eligibility
Rationale: Medicaid planning helps clients qualify for benefits
without unnecessarily depleting their assets. The goal is to balance
PRACTICE QUESTIONS AND STUDY GUIDE ACCURATE EXAM
COMPLETE APPROVED QUESTIONS AND CORRECT DETAILED
ANSWERS WITH RATIONALES (100% CORRECT VERIFIED SOLUTIONS)
A NEW UPDATED VERSION 2026 EDITION |GUARANTEED PASS A+
|FULL REVISED CERTIFIED MEDICAID PLANNER (CMP™) APPROVED
EXAM|INSTANT DOWNLOAD PDF
Question 1
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) Title XIX
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 2
Which federal agency oversees the Medicaid program at the national
level?
,A) Internal Revenue Service (IRS)
B) Social Security Administration (SSA)
C) Centers for Medicare & Medicaid Services (CMS)
D) Department of Health and Human Services (HHS)
Correct Answer: C) Centers for Medicare & Medicaid Services
(CMS)
Rationale: CMS is the federal agency responsible for overseeing both
Medicare and Medicaid programs, providing guidance and ensuring
state compliance with federal regulations.
Question 3
Medicaid is primarily funded through which combination of sources?
A) Federal taxes only
B) State taxes only
C) Federal and state governments jointly
D) Private insurance premiums
Correct Answer: C) Federal and state governments jointly
Rationale: Medicaid is a joint federal-state program. The federal
government provides matching funds (FMAP) to states based on per
,capita income, while states administer the program and contribute
their share.
Question 4
What does the Federal Medical Assistance Percentage (FMAP)
determine?
A) The percentage of Medicaid beneficiaries in each state
B) The federal matching rate for state Medicaid expenditures
C) The state's Medicaid eligibility threshold
D) The percentage of services covered by Medicaid
Correct Answer: B) The federal matching rate for state Medicaid
expenditures
Rationale: FMAP determines the federal government's matching rate
for state Medicaid expenditures. Wealthier states receive a lower
FMAP (minimum 50%), while poorer states receive a higher FMAP
(up to approximately 75%).
Question 5
Which of the following is a primary difference between Medicaid
and Medicare?
A) Medicaid is only for seniors; Medicare is for all ages
, B) Medicaid is means-tested; Medicare is primarily age-based
C) Medicare covers long-term custodial care; Medicaid does not
D) Medicaid is federally funded only
Correct Answer: B) Medicaid is means-tested; Medicare is primarily
age-based
Rationale: Medicaid is a means-tested program based on financial
eligibility, while Medicare is primarily an entitlement program for
individuals aged 65 and older (and certain younger disabled
individuals) regardless of income.
Question 6
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 income
D) To avoid paying taxes
Correct Answer: B) To protect assets while ensuring Medicaid
eligibility
Rationale: Medicaid planning helps clients qualify for benefits
without unnecessarily depleting their assets. The goal is to balance
