What must Agent Armstrong do to remain compliant while marketing Medicare Advantage plans?

To remain compliant while marketing Medicare Advantage plans, Agent Armstrong must be licensed and appointed in every state where beneficiaries are located. This requirement ensures that the agent is knowledgeable about state-specific regulations and is authorized to offer these plans legally. Licensing indicates that the agent has met the professional standards and educational requirements necessary to engage in this specific type of insurance marketing.

Being appointed is equally important, as it signifies a contractual agreement with the insurance carrier that allows the agent to represent them in a particular state. This is not only a legal necessity but also a means to protect the interests of consumers by ensuring they are dealing with qualified professionals who adhere to the relevant laws governing insurance practices.

Other options do not address the core compliance requirements needed for marketing Medicare Advantage plans. For example, while providing financial counseling may be beneficial, it is not a compliance mandate. Similarly, limiting marketing efforts to one state could hinder the agent's business without fulfilling the necessary legal obligations, and obtaining permission before contacting potential beneficiaries is more about consumer privacy and respect rather than a licensing requirement.