Exam(elaborations)(Answered)UHCethicsandcompliancesectionforcertificationExamTestBank,A+Ratedguide.Whatisaservicingagent?>>>aninactive,nonemployeewhohassignedaservicingagreementin order to receive renewal commissions on Medicare advantage andprescription drug planenrollments on or after 1-1-2014. The agent must maintain anactive resident license andappointment and pass Medicare basics and ethicscomplianceassessments on an annual basisWhatdoesCMSstandfor?>>>centerforMedicareand MedicaidservicesWho administers the Medicare program and contracts with private health carecompaniestoofferMedicaidplans?>>>CMSWho holds the authority to approve or disapprove plans that can be sold, and is theregulatingagencythatalso monitorsourprogresses? >>>CMSWhoregulatesMA'sandPDP's>>>CMSEnrolling a customer in a plan when you are not certified in the product is non-compliantandconsidered?>>>an unqualified saleAgents who are not qualified to sell the product will not be? >>>compensated and mayreceivecorrectiveandordisciplinaryactionuptoan includingterminationWhat is the purpose of an educational event? >>>it’s designed to inform Medicareconsumersabout original Medicare, Medicare advantage, prescription drug and otherMedicare programs.Whereeducationaleventsmustbeconducted?>>>inapublicvenueAretheeducationaleventsunbiasedsothatitdoesn'tsteertheconsumertowardsaspecificplan orlimitednumberofplans? >>>yesWHat is a marketing/sales event? >>>an event designed to steer or attempt to steer,consumers toward a plan or limited set of plans. Agents may discuss plan specificinformationand collectapplications.Canmarketing/salesbeformalorinformal?>>>bothWhatdescribesaformalmarketing/salesevent?>>>afullplanpresentation,giveninapresenter-audienceformat.Preview Mode
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