UHC ETHICS AND COMPLIANCE SECTION FOR CERTIFICATION EXAM 2024

UHC ETHICS AND COMPLIANCE SECTION FOR CERTIFICATION EXAM 2024 What is a servicing agent? - correct answer an inactive, nonemployee who has signed a servicing agreement in order to receive renewal commisions on medicare advantage and prescription drug plan enrollments on or after 1-1-2014. the agent must maintain an active resident license and appointment and pass medicare basics and ethics compliance assessments on an annual basis What does CMS stand for? - correct answer center for medicare and medicaid services Who administers the medicare program and contracts with private health care companies to offer medicaid plans? - correct answer CMS Who holds the authority to approve or disaprove plans that can be sold, and is the regulating agency that also monitors our progresses? - correct answer CMS Who regulates MA's and PDP's - correct answer CMS Enrolling a customer in a plan when you are not certified in the product is non-compliant and considered____? - correct answer an unqualified sale Agents who are not qualified to sell the product will not be? - correct answer compensated and may receive corrective and or disciplinary action up to an including termination What is the purpose of an educational event? - correct answer its designed to inform medicare consumers about original medicare, medicare advantage, prescription drug and other medicare