Do You Need a Medicare Insurance Agent?

Agents work on a commission based on the Medicare policies they sell. They also handle the process of searching for and applying for Medicare plans. An agent is a licensed professional who helps you select and enroll in a health plan. Nectar is ideal for agents who are less enthused about marketing and networking.

This helps protect the consumer from unexpected and often expensive events, like a hospital stay. Digital advertising, communication, and outreach by health plans and agents are common sources of Medicare information, and today these efforts compete with nonprofit and government sources for beneficiary attention. Research shows that a growing number of Medicare beneficiaries rely on online tools for at least part of their research and decision-making. All Medicare agents and brokers must be licensed to operate in your state. You can use the NAIC locator tool to get in touch with your state insurance department to verify if someone claiming to be an insurance agent or broker is licensed. Medicare agents and brokers can review the underwriting terms of different policies to find the best option for you.

I have marketed my website for only a couple of months and seen amazing results. Getting started is easy, and you don’t have to spend years without a consistent paycheck or be buried in endless paperwork to do it. The information you will be accessing is provided by another organization or vendor. Statements in languages other than English contained in the advertisement do not necessarily reflect the exact contents of the policy written in English, because of possible linguistic differences. In the event of a dispute, the policy as written in English is considered the controlling authority. We met with three leaders with active experience in advocating for patient protections in Medicare.

We view our role as an advocacy and educational organization. We serve both consumers and insurance professionals who market Medicare insurance protection. Aetna is the brand name used for products and services provided by one or more of the Aetna group of subsidiary medicare agent companies, including Aetna Life Insurance Company and its affiliates . As a Medicare sales agent, you can ask for referrals, but you cannot collect phone numbers. Instead, you can ask your clients to refer you to their family members and friends.

Review Medicare plansMedicare agents and brokers can compare your current coverage to other available options to determine if you can save money without sacrificing coverage. Their expertise can cut through confusion about different options to find the best combination of Medicare plans to meet your needs. Captive AgentsCaptive agents receive a salary by the insurance company they represent plus a lower commission rate than independent agents. Agents and brokers all receive commissions, but some agents also receive a salary from an insurance company. When comparing Medicare agents and brokers, it’s important to understand the two different types of agents as well — independent agents and captive agents. It’s up to you whether you want to work with a Medicare agent or broker.