Question

What must agents and brokers enter on a marketplace application to receive compensation from qhp issuers with which the agent or broker has an appointment for assisting a consumer with that application?

Answer 1

Agents and brokers must enter their National Producer Number (NPN) on marketplace applications to be eligible for compensation from QHP issuers that they have an appointment with.

Step-by-step explanation:

Agents and brokers who wish to receive compensation from Qualified Health Plan (QHP) issuers for assisting consumers with marketplace applications must enter their National Producer Number (NPN) on the application. The NPN is a unique identifier that allows the QHP issuer to verify the agent's or broker's certification to sell health plans and to track their sales for compensation purposes. It is essential for agents and brokers to have an active appointment with the QHP issuer they are assisting consumers with in order to be eligible for compensation.