Medicare Insurance Agency Independent Agents Brokers

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.

Agents representing Medicare plans can’t ask for your personal information over the phone unless it’s to verify membership, determine eligibility, or submit an enrollment application. Further, an agent can’t offer you cash or gifts worth more than $15 to join their plan. An out-of-state agent will provide the same service if they have a license in your state. So, there’s no reason you need to travel anywhere to see an agent, and there is no reason they would need to come to your house to help you with your coverage. It’s easier, faster, and more convenient for them to help you enroll in Medicare over the phone and/or online.

Health insurance broker services are normally free of charge to help guide Medicare beneficiaries through the Medicare plan choices available to them, whether they decide to enroll or not. The brokers may get commissions from approved private companies if they help a client enroll in a Medicare Advantage plan from that company or Medicare supplemental health insurance plan. Insurance brokers and agents are, however, not permitted to pressure a client into buying a Medicare supplement or Medicare Advantage plan and cannot recommend or endorse any single plan. Below is a link to a file containing the amounts that companies pay independent agents/brokers to sell their Medicare drug and health plans. Companies that contract with Medicare to provide health care coverage or prescription drugs typically use agents/brokers to sell their Medicare plans to Medicare beneficiaries.

You start to read about Part C, Part A, Part B, Part D, and all kinds of different enrollment periods that come with Medicare. A Medicare Supplement insurance agent can help you make sense of your options in relation to how Medicare functions. When you work together, you can use this information and their expertise medicare agent to pick the best combination of coverage for you. An agent is basically a guide to health insurance for people with Medicare. If you enter into any other agreement with the Company, for example regarding health plan coverage, then these Terms are in addition to the terms of such other agreement.

Any information provided is limited to those plans offered in your area. Please contact Medicare.gov or MEDICARE to get information on all of your options. Download your free PDF and get help with understanding enrollment periods, penalties and Medicare's "alphabet soup" of coverage.

Any content you submit will be routed through the Internet and you understand and acknowledge that you have no expectation of privacy with regard to any content you submit. Never assume that you are anonymous and cannot be identified by your posts. If you live outside the U.S., you may see information on this website about products or therapies that are not available or authorized in your country. We maintain reasonable administrative, technical and physical safeguards designed to protect the information that you provide on this website. This website may permit you to view your visitor profile and related personal information and to request changes to such information.

You are solely responsible for the content of any postings you submit and the Company assumes no responsibility or liability for any content submitted by you or any other website visitor. We may, but are not obligated to, restrict or remove any and all content from a message that we determine in our sole discretion violates these Terms or is otherwise harmful to us, our customers, or any third party. This website may include web pages that give you the opportunity to provide us with personal information about yourself. You do not have to provide us with personal information if you do not want to; however, that may limit your ability to use certain functions of this website or to request certain services or information. Due to the COVID-19 virus, in-person meetings may not be available in certain areas. In these areas, we look forward to helping you learn about UnitedHealthcare Medicare plan options over the phone or through an online meeting.

This means that a single agent will not necessarily represent every available plan. In this way, the agent market is filtering plan options, something that may not be apparent to the beneficiary even if the agents and agencies disclose it in their communications. “Humana” is the brand name for plans, products and services provided by one or more of the subsidiaries and affiliate companies of Humana Inc. (“Humana Entities”). Plans, products, and services are solely and only provided by one or more Humana Entities specified on the plan, product, or service contract, not Humana Inc. Not all plans, products, and services are available in each state.