Health Insurance Broker & Agent Resources UnitedHealthcare

If you’re looking for a new career, you should consider Medicare insurance sales. medicare agents have significant earning potential and a promising future of stable career growth – but it’s not just about the money. Medicare agents also get to help others while taking control of their own careers. For the right person, Medicare sales can be a very rewarding and lucrative career.

Contracted independent licensed agent authorized to sell products within the UnitedHealthcare® Medicare Solutions Portfolio. If you’re ready to become a successful independent insurance agent and build a strong residual income, you DO NOT have to do it alone. And fourth, the renewal–commissions model is a double-edged sword. Ensuring commissions even if beneficiaries stay with their original plans may help prevent unnecessary switching. However, there is also a risk that agents have limited incentive to revisit plan fit or routinely check in with beneficiaries. Policymakers could consider defining a minimum level of service required to earn the renewal or switching commission.

Let us provide you with a live demo of our insurance agency management software. As I get ready for my 6th AEP, I am so excited to be under AGA! I have never been treated so well as an agent and sometimes I can’t believe just how supportive AGA has been.

This article breaks down the seven steps required to start and maintain a successful career in Medicare sales and build a residual six-figure income in five years or less. We also provide you the trusted organizations and resources that will jump-start your business. After learning about the kind of donut hole that you can’t eat but is quite expensive, new Medicare beneficiaries still don’t know how to proceed. They might ask their neighbor about his plan that he’s happy with. Yet, since plans aren’t one-size-fits-all, it would be better if he recommended an agent who helped him find the best fit. Agents can help you decide which level of coverage is best for you, based on your needs and budget.

You will need to be patient during this process as it can take some time to get your approvals from each company. A licensed agent can quickly and efficiently search dozens of plans from different insurers, saving you time. Many enrollees don’t realize that different companies charge different premiums for the same policy. Third, beneficiaries’ experience with their agents and the overall quality of the service are not factored into the commission model, although there is precedence for this within Medicare. For example, MA and Part D plans are measured through the star ratings program and are compensated differently for delivering a high-quality member experience. Pay-for-performance could be considered part of the compensation model for agents and agencies.

Humana group life plans are offered by Humana Insurance Company or Humana Insurance Company of Kentucky. The biggest concern for most customers is keeping their primary care physician, so I help pinpoint plans that have their doctors in network. Sometimes their doctor won’t accept Humana, so I help them understand how a PPO plan or something similar would let them stay with their current doctor.