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Compliance and Ethics in Medicare Marketing Quiz

#1

Which communication channel is commonly used for Medicare marketing?

Social Media
Explanation

Social Media is commonly used for Medicare marketing.

#2

Which government agency oversees compliance and ethics in Medicare marketing?

Centers for Medicare & Medicaid Services (CMS)
Explanation

CMS oversees compliance and ethics in Medicare marketing.

#3

What is the purpose of the Medicare Marketing Code of Conduct?

To establish guidelines for ethical marketing practices
Explanation

Code of Conduct establishes ethical marketing guidelines.

#4

What is the purpose of the Medicare Advantage and Part D Prescription Drug Plan Marketing Guidelines?

To provide guidelines for marketing Medicare Advantage and Part D plans
Explanation

Guidelines for marketing Medicare Advantage and Part D plans.

#5

Which of the following is a key principle of compliance and ethics in Medicare marketing?

Transparency and honesty
Explanation

Transparency and honesty are key principles in Medicare marketing compliance.

#6

Which document outlines the marketing rules and regulations for Medicare Advantage and Part D plans?

Medicare Advantage and Part D Prescription Drug Plan Marketing Guidelines
Explanation

Document outlining marketing rules for Medicare Advantage and Part D plans.

#7

What is the purpose of the Annual Notice of Change (ANOC) in Medicare marketing?

To provide information about plan changes
Explanation

ANOC provides information about Medicare plan changes.

#8

What is the purpose of the Special Election Period (SEP) in Medicare?

To provide additional enrollment opportunities in certain circumstances
Explanation

SEP provides additional enrollment opportunities in specific circumstances.

#9

Which of the following is considered an unethical practice in Medicare marketing?

Using deceptive tactics to enroll beneficiaries
Explanation

Deceptive tactics in enrollment are unethical in Medicare marketing.

#10

What consequences may Medicare plan sponsors face for non-compliance with marketing regulations?

Fines and penalties
Explanation

Non-compliance with regulations may lead to fines and penalties.

#11

What is the role of a Compliance Officer in a Medicare organization?

Ensure adherence to laws and regulations
Explanation

Compliance Officers ensure adherence to laws and regulations.

#12

How often are Medicare Advantage and Part D plans required to provide training on compliance and ethics to their agents?

Every year
Explanation

Training on compliance and ethics is required annually for agents.

#13

Which of the following is a prohibited practice in Medicare marketing?

Using bait-and-switch tactics
Explanation

Bait-and-switch tactics are prohibited in Medicare marketing.

#14

What role does the Medicare Marketing Surveillance and Monitoring (MSM) play in compliance?

Monitoring and enforcing compliance with marketing rules
Explanation

MSM monitors and enforces compliance with marketing rules.

#15

Which of the following is a responsibility of Medicare plan sponsors regarding agent training?

Ensure agents are adequately trained on compliance and ethics annually
Explanation

Plan sponsors must ensure agents are trained on compliance and ethics annually.

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