To maintain a servicing agreement, what must the agent do annually?

To maintain a servicing agreement, it is important that the agent demonstrates their understanding and compliance with Medicare standards. This is accomplished by passing Medicare basics and ethics compliance assessments annually. These assessments ensure that agents remain knowledgeable about important regulations, updates, and ethical practices that govern their interactions with clients and the services they provide.

Such compliance is critical in the health insurance sector, particularly with Medicare, as it helps to uphold the integrity of the program and protect the interests of beneficiaries. Regular assessments not only reinforce the agent’s understanding but also their commitment to providing quality service in adherence with compliance guidelines.