Medicare Blog

how much do united healthcare medicare agents make

by Lurline Ward IV Published 3 years ago Updated 2 years ago
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Average UnitedHealth Group Medicare Agent yearly pay in the United States is approximately $58,926, which is 10% below the national average.Mar 29, 2022

Full Answer

How much do UnitedHealthcare sales jobs pay?

The average UnitedHealthCare hourly pay ranges from approximately $18 per hour for a Sales Representative to $40 per hour for a Prior Authorization Review Nurse. UnitedHealthCare employees rate the overall compensation and benefits package 3.5/5 stars.

How much do UnitedHealth Group physicians&surgeons jobs pay?

The average UnitedHealth Group salary ranges from approximately $30,773 per year for Claims Processor to $184,790 per year for Urgent Care Physician. Average UnitedHealth Group hourly pay ranges from approximately $13.15 per hour for Member Services Representative to $65.00 per hour for Development Operations Engineer.

How much do UnitedHealth Group administrative assistance jobs pay?

How much does UnitedHealth Group in the United States pay? The average UnitedHealth Group salary ranges from approximately $30,000 per year for Administrative Assistant to $181,000 per year for Director of Financial Planning and Analysis.

How much do insurance agents make on Medicare sales?

Let’s get right to the facts and figures. How Much Does an Insurance Agent Make on Medicare Sales? Generally speaking, agents earn two types of commissions selling Medicare plans: a flat dollar amount per application (Medicare Advantage and prescription drug plans) or a percentage of the premium sold (Medicare Supplements).

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Does Unitedhealth Group give raises?

How often do you get raises? Yearly with average of 1.9 to 3 % increase. 3% being for exceeds expectations in some departments.

Is Unitedhealth Group Medicare?

UnitedHealthcare offers Medicare coverage for medical, prescription drugs, and other benefits like dental — and we offer the only Medicare plans with the AARP name.

Why does AARP recommend UnitedHealthcare?

AARP UnitedHealthcare Medicare Advantage plans have extensive disease management programs to help beneficiaries stay on top of chronic conditions — hopefully reducing future health-care costs. Many plans also feature a lengthy roster of preventive care services with a $0 copay.

What are the pros and cons of UnitedHealthcare?

Pros and Cons of AARP UnitedHealthcare Medicare AdvantageProsConsThe $0 premium and $0 deductible plans are available in most areas.PPO plan premiums are slightly higher than average in some areas.Most plans include Part D plus generous extra benefits, including dental, vision, nurse hotline, and fitness membership.2 more rows•Oct 21, 2020

How much does a Medicare Sales Representative at UnitedHealthCare make?

The typical UnitedHealthCare Medicare Sales Representative salary is $39,813. Medicare Sales Representative salaries at UnitedHealthCare can range...

How does the salary as a Medicare Sales Representative at UnitedHealthCare compare with the base sal...

The average salary for a Medicare Sales Representative is $44,812 per year in United States, which is 12% higher than the average UnitedHealthCare...

What is the salary trajectory of a Medicare Sales Representative?

The salary trajectory of a Medicare Sales Representative ranges between locations and employers. The salary starts at $44,802 per year and goes up...

How much does a Medicare Sales Representative at UnitedHealth Group make?

The typical UnitedHealth Group Medicare Sales Representative salary is $39,030. Medicare Sales Representative salaries at UnitedHealth Group can ra...

How does the salary as a Medicare Sales Representative at UnitedHealth Group compare with the base s...

The average salary for a Medicare Sales Representative is $44,812 per year in United States, which is 14% higher than the average UnitedHealth Grou...

What is the salary trajectory of a Medicare Sales Representative?

The salary trajectory of a Medicare Sales Representative ranges between locations and employers. The salary starts at $69,609 per year and goes up...

UnitedHealthCare Salary FAQs

How does the salary as a Medicare Sales Representative at UnitedHealthCare compare with the base salary range for this job?

Explore Medicare Sales Representative Salaries

Check out the latest Medicare Sales Representative Jobs or see Medicare Sales Representative Salaries at other companies.

How Much Does an Insurance Agent Make on Medicare Sales?

Generally speaking, agents earn two types of commissions selling Medicare plans: a flat dollar amount per application (Medicare Advantage and prescription drug plans) or a percentage of the premium sold (Medicare Supplements).

How does Medicare Advantage work?

Agents selling Medicare Advantage and Part D plans get a flat dollar amount of money per application. This comes to them in the form of initial commissions and renewal commissions. Carriers pay out initial commissions when an agent makes a new sale or when the beneficiary enrolls in a new, “unlike” plan (different type). Each year and beyond, carriers pay out renewal commissions to the agent if the beneficiary remains enrolled in the plan or enrolls in a new, “like” plan (same type).

Do insurance carriers have to pay Medicare Advantage commissions?

The Centers for Medicare & Medicaid Services (CMS) set the maximum broker commissions for Medicare Advantage and Medicare Part D annually; however, insurance carriers aren’t required to pay these amounts. What you earn for Medicare Advantage and PDP sales could be less, depending on the carrier and your contract with them.

Do carriers pay agents?

It’s important for agents to know that carriers pay agents and FMOs separately. Your relationship with an FMO is comparable to your clients’ relationship with you.

Is selling Medicare a lucrative business?

Selling Medicare can be very lucrative, if done right. Hopefully now you have a better idea of how much Medicare agents can make and know that working with an FMO should never hurt your commissions, only help them grow!

UnitedHealth Group Salary FAQs

How does the salary as a Medicare Sales Representative at UnitedHealth Group compare with the base salary range for this job?

Explore Medicare Sales Representative Salaries

Check out the latest Medicare Sales Representative Jobs or see Medicare Sales Representative Salaries at other companies.

Very good place to work

Able to grow at your own pace. Compensation was very good. Working remotely was the #1 pro. All office equipment was up to date and assistance by IT was outstanding.

Satisfaction with independent sales is completely dependent upon the effort expended

Supplementary insurance sales is very rewarding as well paid. It is interesting work, meeting with clients and working with them one-on-one to find the insurance plan that is right for them.

Broker Manager for United Healthcare

The great part of the job is working with so many great people. Being broker manager gives me a chance to lead by example and train my agents to do what I do. The UHC Broker Sales Managers are quite helpful in what they do for our teams. They are always willing to lend a hand. The downside is the compensation with UHC.

How much should you be earning?

Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.

How much does an Independent Agent make at UnitedHealth Group in the United States?

Average UnitedHealth Group Independent Agent yearly pay in the United States is approximately $69,298, which meets the national average.

How much should you be earning?

Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.

How much does UnitedHealth Group in the United States pay?

The average UnitedHealth Group salary ranges from approximately $33,103 per year for Patient Services Representative to $183,027 per year for Senior Director of Product Management. Average UnitedHealth Group hourly pay ranges from approximately $13.64 per hour for Customer Care Specialist to $62.63 per hour for Product Owner.

Didnt work here

I didn't work here. It was great to go through the interview process but the salary range was not working out for me. I need something with different hours and a better salary range.

Great

Love what I do just wasn’t permanent . Pay wasn’t enough for the amount of work done but pretty good compared to work for other companies. Would recommend uhc great company if permanent position.

Commission based

I am an insurance broker appointed with United HealthCare. I am paid commission, and while they do have a leads program, the ease of access with the platform leaves something to be desired. It is rather helpful though and they are my main source of income currently.

How much should you be earning?

Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.

How much does an Insurance Agent make at UnitedHealth Group in the United States?

Average UnitedHealth Group Insurance Agent yearly pay in the United States is approximately $119,212, which is 105% above the national average.

What is general agent compensation?

General agent or consultant compensation. A percentage of cases are sold through the assistance of a "general agent" who organizes and manages a network of sub-agents responsible for sales promotion and marketing of UnitedHealthcare products. General agents provide an additional distribution system for UnitedHealthcare's products.

What is United Advantage?

The "United Advantage" program is open to qualified producers who attain specific levels of business based on the growth and size of a producer's book of business with UnitedHealthcare. United Advantage agents receive benefits and services including business support, recognition, training and education.

What is a general agent?

The general agent performs duties related to managing the agency and distributing products in the marketplace. General agents provide expertise on medical and ancillary products, answer questions, and provide contacts for enrollment and claim issues.

What is agent broker compensation?

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.

What happens to a broker if they don't comply with Medicare?

Agents/brokers are subject to rigorous oversight by their contracted health or drug plans and face the risk of loss of licensure with their State and termination with their contracted health or drug plans if they don't comply with strict rules related to selling to and enrolling Medicare beneficiar ies in Medicare plans.

What information is in Medicare plan file?

The information contained in this file has columns for each Medicare plan with the following information: State, county, company name, plan name, whether the company uses independent agents or not, the amount (s) paid to independent agents for selling the plan in the first year of enrollment following the sale, other plan identification numbers, and whether the plan information displayed requires correction. The information within the various columns can be sorted to more easily find compensation information about the plan or plans you are interested in.

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How Much Does An Insurance Agent Make on Medicare Sales?

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Generally speaking, agents earn two types of commissions selling Medicare plans: a flat dollar amount per application (Medicare Advantage and prescription drug plans) or a percentage of the premium sold (Medicare Supplements).
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Commissions with An FMO vs. Without An FMO

  • Carriers pay agents for the business they write, even if those commissions go through an FMO first (scroll down for a note about assigned commissions). It’s important for agents to know that carriers pay agents and FMOs separately. Your relationship with an FMO is comparable to your clients’ relationship with you. You don’t pay anything to the FMO, just like your clients don’t pay a…
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A Note About ‘Assigned Commissions’

  • Oftentimes, an agent working with an FMO will receive commissions directly from the carrier. In select cases, an FMO may want agents to “assign” them their commissions(e.g., if they provide the agent with leads, advances, etc.). In others, the carrier may require agents to assign their commissions to their FMO (e.g., the carrier only pays direct contracts). When you assign your co…
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