Medicare agent Archives

Medicare Insurance Agents

By Ed Crowe | General Articles | 0 comment | 26 November, 2024 | 0

Why use a Medicare agent

If anyone asks why people use Medicare insurance agents, we have a few good reasons below.

To start; Medicare agents complete hours of training on both compliance regulations. They also complete hours of study and testing on the Medicare products available in their area. They must be well versed on the plans and provide detailed information to clients. A good agent can provide comparisons of several plans and help find the Medicare plan to best fit their needs.

learn the difference between Medicare Advantage and Medicare Supplements,

Compare plan choices

Because health insurance coverage is such an important decision, it is important for clients to understand all their choices. Choosing the wrong plan can be a very costly mistake. For this as well as many other reasons, the help of a licensed Medicare agent is essential. A Medicare agent can go over the client’s list of wants/needs for coverage and find plan options that are right for them. Agents help clients weigh the benefit of each plan. Medicare plan benefits, rules, and exceptions may be overwhelming to sort out without a trained professional.

To find out about our quoting tools, Connecture and Sunfire, click here

Many Medicare agents have quoting and enrolling tools that can show you plan options side by side within minutes. This can save clients countless hours of research.

It is important to consider the client’s current Medicare coverage and find out what about the plan works or does not work for them. With this information in mind, it is easier to find help them decide whether they should stay in their current plan or if there are better options available to them.

Agents do not charge for their service

As a Medicare agent, you cannot take money from the client for the advice you provide. This means clients receive expert advice at no cost. This service is provided for free. That is one deal you cannot beat!

Medicare agents receive payment through a couple different ways depending on the type of agent they are. Agents who are employed by and insurance company receive payment based on their agreement with their employer. Many other agents who are not captive with a carrier, receive payments through the commissions they earn. They may receive this payment directly from the carrier or if they are LOA, they receive payment from their up-line. Either way, the amount they make is based on their total number of sales made.

Please note: commission amounts vary based on the plan type and carrier as well as the level each individual agent is contracted at.

Find out about commission levels for 2025

How clients choose a Medicare agent

Here are some things clients may consider when they choose a Medicare agent.

The first way clients choose an agent is usually word of mouth. If you have done a great job helping their friends, relatives or co-workers, believe me they will hear about it. People love to tell their friends about an agent who really did a good job for them. That is why all your clients need to know that you are there to answer any questions or concerns they have.
Clients feel better knowing they are working with an experienced agent someone who understands the plan benefits and how they work. Be sure you are up to date on all the plans in the areas you sell in as well as what the rules for enrollment are.
Offer many different carries and plan types for each area you sell in. Clients want to work with an agent who has access to all the best plans in their area. Each client is an individual and one plan type may not be the best choice for every client. Do not offer only Medicare Advantage plans as some clients are better off with a Supplement and PDP plan.

Click here for a scope of appointment

A knowledgeable and caring Medicare agent is a very valuable resource for the community. If you make sure you are well informed and truly enjoy helping those who need advice on Medicare coverage, you can become a successful agent with the right amount of time, effort & training.

Why use a Medicare agent

By Ed Crowe | General Articles | 0 comment | 31 December, 2023 | 0

Why use a Medicare agent

If anyone asks why use a Medicare agent, we can provide you with some good reasons anyone should consider using a Medicare agent.

Because Medicare agents complete hours of training on both compliance regulations and the Medicare products available in their area, they are well versed on the plans available and provide valuable information to clients. They can provide clients and potential clients comparisons of several plan options and help find the Medcare plan that best fits their needs.

To learn the difference between Medicare Advantage and Medicare Supplements, click here

Compare plan choices

Because health insurance coverage is such an important decision, it is important for clients to understand all their choices. Choosing the wrong plan can be a very costly mistake. For this as well as many other reasons, the help of a licensed Medicare agent is essential. A Medicare agent can go over the client’s list of wants/needs for coverage and find plan options that are right for them. Agents help clients weigh the benefit of each plan. Medicare plan benefits, rules, and exceptions may be overwhelming to sort out without a trained professional.

To find out about our quoting tools, Connecture and Sunfire, click here

Many Medicare agents have quoting and enrolling tools that can show you plan options side by side within minutes. This can save clients countless hours of research.

It is important to consider the client’s current Medicare coverage and find out what about the plan works or does not work for them. With this information in mind, it is easier to find help them decide whether they should stay in their current plan or if there are better options available to them.

Agents do not charge for their service

As a Medicare agent, you cannot take money from the client for the advice you provide. This means clients receive expert advice at no cost. This service is provided for free. That is one deal you cannot beat!

Medicare agents receive payment through a couple different ways depending on the type of agent they are. Agents who are employed by and insurance company receive payment based on their agreement with their employer. Many other agents who are not captive with a carrier, receive payments through the commissions they earn. They may receive this payment directly from the carrier or if they are LOA, they receive payment from their up-line. Either way, the amount they make is based on their total number of sales made.

Please note: commission amounts vary based on the plan type and carrier as well as the level each individual agent is contracted at.

Find out about commission levels for 2024

How clients choose a Medicare agent

Here are some things clients may consider when they choose a Medicare agent.

The first way clients choose an agent is usually word of mouth. If you have done a great job helping their friends, relatives or co-workers, believe me they will hear about it. People love to tell their friends about an agent who really did a good job for them. That is why all your clients need to know that you are there to answer any questions or concerns they have.
Clients feel better knowing they are working with an experienced agent someone who understands the plan benefits and how they work. Be sure you are up to date on all the plans in the areas you sell in as well as what the rules for enrollment are.
Offer many different carries and plan types for each area you sell in. Clients want to work with an agent who has access to all the best plans in their area. Each client is an individual and one plan type may not be the best choice for every client. Do not offer only Medicare Advantage plans as some clients are better off with a Supplement and PDP plan.

Click here for a scope of appointment

A knowledgeable and caring Medicare agent is a very valuable resource for the community. If you make sure you are well informed and truly enjoy helping those who need advice on Medicare coverage, you can become a successful agent with the right amount of time, effort & training.

Click here to view images by this artist

Become an Insurance Agent

By Ed Crowe | General Articles | 0 comment | 17 August, 2023 | 0

Five Reasons to Become an Insurance Agent

We get it: the insurance industry isn’t most people’s first choice. However, it is a diverse and fast-growing field that affects nearly everyone in the nation. Most people have insurance coverage in some form or another. Becoming an agent uses a variety of skills, and most agents earn nearly double the national average yearly salary. Here are five more reasons that become an insurance agent. It’s a solid career choice.

The abundance of opportunities

Not only does insurance touch nearly everyone’s life in the United States, but nearly 50% of the insurance industry workforce is estimated to be retiring in less than ten years. This will result in many more advancement or promotion opportunities than other industries have.

Ability to give back to community – become an insurance agent

If a job is only a paycheck, it just doesn’t feel the same. Having a job with a purpose and a paycheck is far more preferable. At its core, insurance is about protecting community members. It covers their healthcare needs and ensuring that their basic needs are met. When we all share risks, it helps protect all of us against tragedy.

Developing a broad skill set and using it

Yes, being good at sales is effective in the insurance industry. But that’s not all: an effective agent has high levels of communication skills and problem solving abilities. They need to be technology savvy, able to research and evaluate their own analytics. And they need to be organized enough to manage many accounts all at the same time. The industry is also constantly evolving, and people with cutting-edge skill sets in coding, digital marketing, and cybermedia are in high demand.

Job security – Become an insurance agent

During a recession, insurance has been shown to be far more stable than other fields. It is a centuries-old profession and it seems to be going nowhere fast. No matter what else is going on in the world, people will need healthcare and insurance policies can help them access it.

It’s east to get started

A college education is not required. A high school diploma or the equivalent is enough. Between choosing a specialty, studying for and taking the tests, and getting a license, the whole process of becoming an agent can take as little as a few weeks time.