For new health insurance brokers looking to get appointed with carriers in the Medicare Advantage and Part D prescription drug plan arenas, most will be required to complete certification training. AHIP’s Medicare Fraud, Waste & Abuse training program is one of the most popular certification training programs. To help you prepare for your AHIP exam, we’ve put together some AHIP Frequently Asked Questions (FAQs).
AHIP Frequently Asked Questions
What is AHIP?
America’s Health Insurance Plans is a national trade association that represents over 1,000 companies that provide health coverage and health-related services to most of the U.S. population.
Do I have to take AHIP?
Most MA and Part D plan sponsors require Medicare sales certification training prior to allowing a health insurance broker to represent the carrier’s line of Medicare products.
AHIP’s Medicare Fraud, Waste & Abuse training is by far the most used program in the industry.
Each year carriers release the specifics on their required certification training. For example, here are Humana’s certification requirements for the 2022 plan year.
Where do I take the AHIP exam?
The AHIP training program is hosted on an interactive online platform, new for the 2022 plan year! The AHIP training platform makes it easy to complete self-guided modules and the final exam.
How much does it cost to take the AHIP Exam?
The full price for AHIP’s MFWA training is $175. Several carriers offer the course at a discounted price ($125) if a broker signs up for the training via the carrier’s producer portal.
As carriers release their certification information, we send out a full list of requirements to our brokers – so keep an eye on your email as June rolls around!
Is there a test?
Yes, you must pass the final exam found at the end of the training.
You only have three attempts to successfully pass the final exam. If you fail all three attempts, you will have to pay for the training again, and many carriers will not allow you to sell MA or Part D for the entire plan year.
What is the AHIP exam like?
The AHIP exam is 50 questions. Brokers have two hours to complete it, and they may print the AHIP training modules to use for the test. A passing score is 90% or higher.
Remember, brokers are encouraged to take their time and use notes!
You can find out more about AHIP’s Medicare Fraud, Waste & Abuse training platform HERE. But remember, you can sign up for the training through several different carrier portals to receive a $50 discount. Some brokers may even be fully reimbursed based on enrollments completed during the Annual Election Period.
We hope you’ve found these AHIP Frequently Asked Questions helpful. If you have more questions about the AHIP certification, we’d be happy to help!
