Wednesday, April 03, 2013

Navigatin' Foole

Courtesy of FoIB Jeff M, we now have a hard copy of what it takes to become a "Navigator" making a cool $96k.

Here's a sample:

"To register with the FFE [Federally-Facilitated Exchange], brokers and agents will be required to provide personal identifying information (for example, name, date of birth and email address) and professional information (for example, affiliated company name and national producer number). Producers must also identify which market (individual or small employer) they intend to serve under the FFE ... HHS expects that broker and agent FFE registration and training will begin on or around July 1, 2013."

That's a scant three months away. Any bets on whether that actually happens on time?

Yeah, didn't think so.

But wait, there's more:

"To confirm each producer’s competency, brokers and agents will be required to complete applicable course modules in HHS’ training program."

Oooh, I can hardly wait.

Here's a sample exam question:
A 66-year-old woman with an income equal to 200 percent of the poverty level meets with you. She also has $25,000 in assets in the bank. She wants to know if she is eligible for any premium or cost sharing assistance:

1) No, because her income is too high...
Excuse me, but I was under the impression that giving tax advice without a license (and an insurance license alone won't do) was illegal?

Silly me.

Click here for a hard copy of the regs-so-far.
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