Monthly Archives: April 2019

Independent Insurance Agents Independent Insurance agents are independent contractors.  As a result, they have the ability to work with many different insurance companies. Although they are appointed with many companies, they run their own businesses. The agent/broker collects commission.  Consequently, they do not receive a salary from any company they represent. There are a few
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High Deductible Plan F 2020 High Deductible Plan F 2020; HDF or high deductible plan F is different than other Medicare supplement Plans.  Beneficiaries enrolled in this plan pay the 20% of medical expenses not paid by Medicare (Medicare pays 80%) until they satisfy their deductible. After the deductible is reached, this plan works the
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Medicare agent compensation If you have ever considered going into Medicare sales, you want to know about Medicare agent compensation. The good news is;  maximum commission rates for Medicare Advantage as well as Part D plans have gone up for the third year.  Medicare Supplement commissions continue to be a good source of income as well. In
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Scope of appointment If you are a broker/agent who sells Medicare products, you need to understand the use of a Scope of appointment.   A scope of appointment is a form that the CMS requires agents/brokers to use.  If you conduct marketing activities, you may not market any health care product that the beneficiary has not
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