Covered California Certified Enroller Practice Exam

Question: 1 / 400

Are binder payments necessary for renewing a subsidized enrollee into the same plan?

Yes, always

No, they are not necessary

Binder payments are not necessary for renewing a subsidized enrollee into the same health plan. When a current enrollee continues with the same plan, their coverage can be renewed without the need for an additional binder payment. This is particularly relevant because binder payments are primarily a requirement for new enrollments or changes in coverage when an individual is first signing up for a plan. As long as the enrollee remains eligible for the subsidy and the plan remains the same, they can renew their coverage seamlessly. This process helps ensure ongoing access to health care without additional financial barriers for enrollees who are already receiving assistance.

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Only for new plans

It varies based on income

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