America's Benefit Specialist November 2023
CPC QUIZ
12. Employers sponsoring health plans and health insur ance issuers (carriers or HMOs) are required to submit a Gag Clause Prohibition Compliance Attestation that confirms that they are compliant with the CAA provi sion by _____ of each year. a. January 1 b. March 30 c. September 30 d. December 31 13. The _____ is the employer plan sponsor or issuer that is subject to the law and has entered into an agreement, either directly or indirectly, that may be subject to the prohibition. A. reporting entity B. attester C. submitter D. carrier
14. A/An _____ may submit the date on the attester’s be half, subject to the attester’s review and signature. A. carrier B. submitter C. attester D. lawyer 15. Failure to file could result in enforcement action from any of the Departments, which may be a _____ per day excise tax under the IRS code or a civil penalty under ERISA. A. $50
B. $100 C. $200 D. $300
Answers to last month’s quiz: 1. D 2. B, 3. A, 4. B, 5. C, 6. A, 7. C, 8. B, 9. A, 10. A, 11. B, 12. B 13. A, 14. D, 15. C
CONGRATULATIONS, REGISTERED EMPLOYEE BENEFITS CONSULTANTS! The professionals listed below earned the Registered Employee Benefit Consultant ® designation in July and August. NABIP views this designation as the highest form of recognition in the health insurance industry, demonstrating the highest level of commitment to educational leadership within the insurance profession.
Kathy Coon Jemma Cox Michael Dillon
Trevor Garbers Cindy Haddad Travis Hampshire Deanna Kidwell Jade Linderman Ted Maddocks Brian McAndrew
Jordan McFeggan Ariel Peterson Christopher Pinkalla Joe Rodrigues Andrew Schmutte Charleen Siddall Korinda Sprague
Aubrey Durham Dawn Endicott Haydan Fitzgerald Ron Gantz
The REBC® designation was established to acknowledge professional accomplishments in the employee benefits and healthcare-reform fields and distinguishes the recipient as an elite practitioner in the field. Earning an REBC® designation is visible testimony to clients that their advisor has acquired and maintained the highest level of expertise and competence.
The program is delivered in classroom and online delivery by NABIP’s Benefit Specialist Institute. More information is available at http://nabip.org/professional-development/rebc-designation.
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