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Agent Exam Demo

2025 Agent Certification Exam (3)

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)
What preventive benefits are paid by the plan before a member reaches their deductible?(Required)
What preventive service expenses count towards 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)
Does a member's MSA funds used on Medicare A/B expenses incurred by a spouse/dependent count toward the member's deductible?(Required)
A member can lose their plan coverage if they:(Required)
The Fenyx Health Group MSA plans cover:(Required)
Members cannot use HSA or HRA funds to pay for plan-covered expenses.(Required)
If a member has a Group MSA plan, they cannot also have Part D prescription drug coverage.(Required)
If a member joins the plan January 1 and leaves on July 1, they:(Required)
Which statement is true?(Required)
Only Medicare/Fenyx Health can make contributions into the MSA bank accounts.(Required)
Members are required to file special tax forms if they use MSA funds in a given year.(Required)
Members receive a new deposit each year they are enrolled in an MSA plan.(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 2024 Standard MSA plans to their beneficiaries.(Required)
Is it possible that a member may spend more out-of-pocket than the stated Covered Expenses Out-of-Pocket?(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 in the past.(Required)