Brokers Are One Type of Distribution Channel That Health Plans

question 103

Multiple Choice

Brokers are one type of distribution channel that health plans use to market their health plans. One true statement about brokers for health plan products is that, typically, brokers:

• A) Are not required to be licensed by the states in which they market health plans
• B) Are compensated on a salary basis
• C) Represent only one health plan or insurer
• D) Are considered to be an agent of the buyer rather than an agent of the health plan or Insurer