AHIP Medicare training will instruct you on the following items:
- Who is eligible for Medicare and how coverage works
- An introduction to Medicare fee-for-service plans, including their benefits and who is eligible for them
- Medicare Advantage and Part D drug plans
- Nondiscrimination
- How to compliantly reach out to and enroll consumers in Medicare Advantage and Part D plans
Full Answer
What is AHIP certification-Medicare insurance agent training?
AHIP certification is an industry recognized method of proving that you have completed the required Medicare training courses, and you understand how to sell medicare in a way that is compliant with the Centers for Medicare & Medicaid Services (CMS). AHIP certification is accepted by all and required by most carriers if you want to legally sell Medicare Advantage …
Do I need AHIP training to sell Medicare Advantage plans?
Jan 04, 2021 · AHIP training involves two courses: Marketing Medicare Advantage and Fraud, Waste, & Abuse (FWA). The first course will teach you the basics of benefits and eligibility for various MA and PDP plans. You’ll also learn to comply with CMS marketing guidelines and enrollment procedures.
How often should you take AHIP certification training?
Mar 02, 2020 · AHIP Medicare training covers a variety of basic information on Medicare and CMS guidelines, including: Medicare eligibility and benefits. An introduction to Medicare Advantage and Part D plans. Medicare fee-for-service plans. How to market and enroll Medicare Advantage and Part D beneficiaries.
Is AHIP Certification accepted by all carriers?
Jun 02, 2020 · AHIP Medicare training will instruct you on the following items: Who is eligible for Medicare and how coverage works An introduction to Medicare fee-for-service plans, including their benefits and who is eligible for them Medicare Advantage and Part D drug plans Nondiscrimination
What does it mean to be AHIP certified?
AHIP certification is proof that you've completed a series of AHIP Medicare training courses and that you now know how to sell plans in a way that is compliant with up-to-date Centers for Medicare & Medicaid Services (CMS) regulations.Mar 4, 2019
How long does it take to complete the AHIP training?
Created by industry experts, AHIP's online self-study courses make it easier to grow your professional expertise. Too busy to start a course? No problem. Students have 90-180 days to complete each course, so you can enroll now and learn later.
How difficult is the AHIP test?
Many returning Medicare agents say AHIP is easy — once you get the hang of it. Nobody's perfect, especially when learning something new! If you get more questions incorrect than you thought you would, or if you fail your first time taking the final AHIP exam, don't fret. Just study up on those areas a little more.
What is Medicare training?
Medicare core training, Fraud, Waste & Abuse (FWA), and General Compliance: This is an online course (3 to 4 hours) that covers Medicare basics, enrollment, disenrollment, communication and marketing requirements, and other regulations for any Medicare health plan.
How many questions is the AHIP exam?
50 questionsThe AHIP exam is 50 questions. Brokers have two hours to complete it, and they may print the AHIP training modules to use for the test. A passing score is 90% or higher. Remember, brokers are encouraged to take their time and use notes!May 17, 2021
What is the passing score for AHIP?
90%To pass the AHIP test, you must score at least 90%.
Is the AHIP test timed?
The AHIP exam is an online, open book test, but it's also timed. This means you won't have enough time to learn all the information covered during the test. You need to master the material ahead of time. The AHIP training material consists of five modules.Jun 16, 2021
What is the Commission on a Medicare supplement policy?
A recent report indicates that first-year commissions for enrollments in Medigap are approximately 20 percent of annual premiums, but they can vary based on the state or plan type. The commission for subsequent years (i.e., the renewal commission) is set at 10 percent of the premium.Oct 12, 2021
What is net based training?
What Is Web-Based Training? Web-based training (WBT) is any form of training that is delivered online. Other terms include internet-based training (IBT), eLearning, and distance education. WBT allows for unparalleled flexibility – anyone, anywhere, at any time, can access your course content or training programs.Nov 11, 2019
What is computer based training?
Computer-based training (CBT) is any course of instruction whose primary means of delivery is a computer. A CBT course (sometimes called courseware ) may be delivered via a software product installed on a single computer, through a corporate or educational intranet, or over the Internet as Web-based training .
What is Medicare Part C called?
Medicare Advantage PlansMedicare Advantage Plans, sometimes called "Part C" or "MA Plans," are offered by Medicare-approved private companies that must follow rules set by Medicare.
What is AHIP certification?
AHIP (stands for America’s Health Insurance Plans) certification is accepted by all and required by most carriers if you want to legally sell Medicare Advantage (MA) or Prescription Drug Plans (PDPs) for the current certification year. Be aware that while most carriers will require AHIP certification, it will only serve as a pre-requisite ...
What are the benefits of Medicare?
Here’s a short list on what will be covered: 1 The basics of Medicare fee-for-service eligibility and benefits 2 The different types of Medicare Advantage and Part D prescription drug plans 3 Eligibility and coverage 4 Nondiscrimination training 5 Marketing and enrollment under the Medicare Advantage and Part D program requirements
How to get AHIP certification?
Preparing for AHIP certification is largely an independent endeavor. However, the best medicare training courses, like Medicare Training 101 , enhance your self-study with: 1 On-demand access to training videos and content 2 Access to case studies and other online resources, including worksheets, tools, and software 3 Opportunities for live chat, email, and one-on-one phone coaching sessions with industry experts 4 Access to a community of colleagues via a member directory and lesson discussions 5 Access to exclusive discounts
What is the Ahip exam?
That means you know what it takes to do well, and you’ve likely honed your study skills. The AHIP exam is one more opportunity to put those skills to use. As you do, remember some of the basics of good study habits.
Why is AHIP important?
Thus, AHIP certification increases your own earning potential as an insurance agent. However, the importance of AHIP certification extends beyond the tangible, personal benefits you’ll enjoy.
What is the most important thing to consider when choosing an insurance agent?
Many factors affect the compensation you can expect to enjoy as an insurance agent. However, among the most important is your level of specialization. Agents who specialize tend to make more than others. Of course, specialization often requires certification.
How to prepare for a test day?
These include adequate nutrition and sleep. As you prepare for your exam, take good care of yourself by enjoying healthy meals and snacks. Also, get a good night’s sleep, especially on the night before the test.
Can you take notes on a computer?
You can use handwritten notes or a document on your computer, and your notes can take any form. It’s best, though, to organize your notes by topic so that you can quickly access information during the timed exam. Third, quiz yourself—or enlist a family member or friend to quiz you.
What is AHIP training?
AHIP Medicare training covers a variety of basic information on Medicare and CMS guidelines, including: 1 Medicare eligibility and benefits. 2 An introduction to Medicare Advantage and Part D plans. 3 Medicare fee-for-service plans. 4 How to market and enroll Medicare Advantage and Part D beneficiaries.
How many questions are asked on the AHIP test?
Each portion of the AHIP Medicare test has 50 questions and a time limit of two hours. To pass, you need to answer at least 90 percent of the questions correctly. The good news is that the test is open book, and you are allowed three attempts to earn your certification.
What to Expect During Fraud, Waste, and Abuse (FWA) Training
Whereas AHIP Medicare training covers important Medicare information, FWA training will teach you about:
What Is the Test for AHIP Certification Like?
This 50-question test is timed and administered as open book. Once you begin, you’ll have two hours to finish. Each broker gets three attempts to pass the test, and carriers can ask how many attempts it took for you to pass.
Where Can I Get My AHIP Certification?
If you still have AHIP Medicare certification training questions, talk to one of Excelsior’s regional sales directors. Contact Excelsior today to see how we can help guide you through this annual process.
