Alert
CMS Publishes Proposed Registration Process for Exchange Agents and Brokers
The Michigan Business and Professional Association (MBPA) want to keep you up to date as new information pertaining to the federal healthcare law is released that affect the agent community. You can count on us for dependable and accurate information.
In hopes of registering agents and brokers on the federal exchange around July 1st, 2013 the managers of the Patient Protection and Affordable Care Act want to promote the agents by publishing lists of individual exchange producers starting in August of this year. The Centers for Medicare and Medicaid Services (CMS) has published the proposed registration procedures for Agents and Brokers to represent and sell qualified health plans on the Individual and Small Business Health Options Program (SHOP) Federal-Facilitated Exchanges.
The proposed registration process includes Agent-Broker personal identifying and contact information and, professional producer licensing information. CMS has also proposed a training curriculum comprised of four modules: ACA Basics, Individual Market, SHOP Market and Access and Navigating the Web Based Individual and SHOP Exchanges. The training program could take 1-3 hours to complete through an online training course, and would include modules on topics such as allowable premium variations, eligibility and enrollment, eligibility for Medicaid and privacy provisions.
These new procedural guidelines are open for comment, and are posted for review in the Paperwork Reduction Act* area of the CMS website. Please contact our MBPA offices with any questions, by phone: 586-393-8800 or email: BBochniak@michbusiness.org
*For additional information regarding the exchange producer registration process go to the CMS Website under the Paperwork Reduction Act of 1995 area, subject Agent/Broker Data Collection Federal Exchanges.
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