The "Knights Health Plan" has offered a Medicare Advantage product for the past 5 years. The...
The "Knights Health Plan" has offered a Medicare Advantage product for the past 5 years. The last 3 years the Knights Health Plan has received a stars score of 4. What does this mean for the health plan?
The plan will be terminated if they receive less than 3 stars next year
The plan will receive a performance bonus
The plan will be terminated
The plan will get an extended open enrollment period to market their product longer
Which of the following is not regulated by state departments of insurance? Rates
Solvency and risk-based capital (RBC)
Summary of Benefits and Coverage (SBC)
All answers are areas regulated by state departments of insurance
Homework Answers
ANSWERS :
1. The answer is The plan will get an extended open enrollment period to market their product longer
2. The answer is Solvency and risk based capital
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The "Knights Health Plan" has offered a Medicare Advantage
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