CMS FFM Agent Practice Questions - CMS Federally-Facilitated Marketplace Agent Registration Exam

Which is the main difference between an FFM state and a State-Based Marketplace (SBM) state?

Only FFM states allow agents to earn commissions SBM states operate their own exchange platform and certification program rather than using healthcare.gov FFM states only allow Medicaid enrollment There is no functional difference between them

Correct Answer:

SBM states operate their own exchange platform and certification program rather than using healthcare.gov

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