Agentbrokerfaq.cms.gov

What is an individual coverage Health Reimbursement …

WEBAn individual coverage HRA is an alternative to traditional group health plan coverage that’s used to reimburse medical care expenses, like monthly premiums and …

Actived: 8 days ago

URL: https://www.agentbrokerfaq.cms.gov/s/article/What-is-an-individual-coverage-Health-Reimbursement-Arrangement

Who is eligible to enroll in a qualified health plan (QHP) through …

WEBTo be eligible to enroll in health coverage through the Small Business Health Options Program (SHOP), small businesses must: Have from 1 to 50 full-time and full …

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What is an excepted benefit Health Reimbursement Arrangement …

WEBAn excepted benefit HRA allows employers to finance additional medical care, like vision or dental coverage, coinsurance and copayments for individual health …

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What is the Small Business Health Care Tax Credit, and how can …

WEBANSWER. Small employers that participate in the Small Business Health Options Program (SHOP) may qualify for the Small Business Health Care Tax Credit, …

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How should a consumer answer the Medicaid/CHIP coverage …

WEBThe Marketplace application asks all applicants if they have Medicaid or Children’s Health Insurance Program (CHIP) coverage that recently ended or will end …

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How can I help employers who’d like to offer an individual …

WEBNote: Under the established safe harbors, the individual health insurance coverage employees select will not be considered Employee Retirement Income …

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How can I help consumers enroll in qualified health plans (QHPs) …

WEBBefore licensed health insurance agents and brokers can help consumers enroll in qualified health plans (QHPs) and/or stand-alone dental plans (SADPs) offered …

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What do I need to do if I want to start selling coverage through …

WEBYou must be a licensed agent or broker with an approved, active, health-related line of authority (LOA) in your resident state and states where your clients reside …

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What is the Small Business Health Options Program (SHOP)

WEBANSWER. SHOP provides quality, affordable health and dental insurance for small businesses and their employees in many states. SHOP plans are offered by …

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What are cost-sharing reductions (CSRs) and how can consumers …

WEBCSRs are discounts that lower the amount a consumer has to pay for deductibles, copayments, and coinsurance. Typically, individuals and families with …

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How do I receive compensation for helping a consumer with their

WEBAgents and brokers who participate in the Marketplace receive compensation directly from affiliated qualified health plan (QHP) issuers in accordance with their …

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What is “public charge” status and how does this status impact

WEBPlease refer to HealthCare.gov to learn more about public charge and health coverage. Additional information from DHS on what it means to be a public charge and …

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How do I assist small group clients with enrolling in Small Business

WEBTo be eligible to offer health insurance through the Federally-facilitated SHOP, an employer generally must meet three requirements: Be a small employer. This …

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Small Business Health Options Program

WEBHow do I assist small group clients with enrolling in Small Business Health Options Program (SHOP) coverage? 65 Views • Jan 12, 2024 • Small Business Health …

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What type of verification or consent do I need to obtain from …

WEBEnrolling the consumer in a Marketplace qualified health plan (QHP); and Checking the status of the consumer’s coverage and making updates throughout the …

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What is a Qualified Small Employer Health Reimbursement …

WEBQSEHRAs allow small employers to help their employees purchase additional plan choices without the employer having to manage group health plan …

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What are the steps for completing Marketplace registration and …

WEBOnce you have completed the above steps, all agents and brokers should follow the steps outlined below to complete registration and training: Log in to the CMS Enterprise Portal. …

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What is the Minimum Participation Rate (MPR) requirement

WEBSmall businesses that want to participate in SHOP must meet the MPR and employer minimum contribution requirement in their state. For most states, this means …

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How can I confirm that I have completed Marketplace registration …

WEBYou can also use the Marketplace Registration Tracker to confirm your training and registration status, as well as your identity proofing and NPN validation. You just need to …

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What attestations do I need to explain to the consumer

WEBANSWER. When a consumer (or their authorized representative) applies for coverage through the Marketplace, they are required to agree (or “attest”) to the truth of …

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What is my Federally-facilitated Marketplace (FFM) user ID

WEBTrending Articles. Can issuers compensate agents and brokers differently for enrollments they assist with during the Open Enrollment period (… Do consumers who …

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