2025 Agent Certification Exam

Thank you for your interest in offering our Group MSA plans – we’re excited to partner with you. This exam is 20 questions. It is open book and we encourage you to utilize the training guide as needed. You have 3 attempts to score an 85% or higher to pass. The exam will be automatically scored upon submission, and your results will be emailed to you. Please contact us at agents@fenyxhealth.com with any questions or concerns.

Name(Required)
A Medicare Medical Savings Account (MSA) plan is a combination of high deductible insurance and a tax advantaged savings account.(Required)
Does a member's MSA funds used on Medicare A/B expenses incurred by a spouse/dependent count toward the member's deductible?(Required)
What preventive benefits are paid by the plan before the deductible is reached?(Required)
What preventive service expenses count toward the deductible? (Hint: annual wellness visits, mammograms and Flu Shots are Medicare-covered costs)(Required)
Members can use their MSA funds tax- and penalty-free , with the expense counting toward the plan deductible, for which of the following?(Required)
The Fenyx Health group MSA plans cover:(Required)
If a member has a group MSA plan, they should also have a standalone or a group-sponsored Part D prescription drug plan.(Required)
A member can lose their plan coverage if they:(Required)
If a member joins the plan January 1 and leaves on July 1, they:(Required)
Members can use HSA or HRA funds to pay for plan expenses.(Required)
Groups and members can make contributions into the MSA bank accounts.(Required)
Members receive a new deposit each year they are enrolled in an MSA plan.(Required)
Members are not required to file special tax forms if they use MSA funds in a given year.(Required)
Which statement is true?(Required)
What happens to unused MSA deposit funds remaining at the end of the plan year?(Required)
Groups can choose to offer just one of the three 2025 Standard MSA plans to their beneficiaries.(Required)
What is the minimum amount a member may have to spend out-of-pocket before reaching the plan deductible?(Required)
A member has reached their plan deductible and has $300 remaining of their current year's deposit in their MSA bank account. They suffer a major health event requiring a 9-day hospitalization consisting solely of Medicare A/B expenses delivered by a Medicare-participating provider. What statement best describes the subsequent finances?(Required)
Can a group of 1, like a sole proprietor, offer/enroll in a Fenyx Health Group MSA plan?(Required)
Groups can offer the Fenyx Health Group MSAs only if they've offered benefits to Medicare-eligibles currently or in the past.(Required)