The agent’s phone number is listed. You can also E-mail them directly (and privately). To access the listing – simply ENTER YOUR ZIP CODE in the box to the right (Enter Zip Code Here) and click FIND AGENTS.
How do I find an agent for Medicare?
You can also E-mail them directly (and privately). To access the listing – simply ENTER YOUR ZIP CODE in the box to the right ( Enter Zip Code Here) and click FIND AGENTS. Get the information you need to make your best decision regarding your Medicare insurance plan choices.
Where can I find a directory of independent Medicare insurance agents?
The American Association for Medicare Supplement Insurance makes available a directory listing independent Medicare insurance agents. Listed by Zip Code. It is 100% free to use . It’s instant access.
What should you look for when hiring a Medicare agent?
You want a Medicare agent who is actively selling Medicare and maintains regular communications and updates with legislative changes, insurance company news, market-specific news and other changes. Specialization. The more time an agent devotes to Medicare, the better it is for you.
Where can I find a Medicare supplement insurance agent in my state?
The American Association for Medicare Supplement Insurance offers a free locator tool by zip code for agents in all 50 states. This is a free service for consumers. To access the locator tool, go here.
How do I find a local Medicare agent?
You can find a Medicare insurance agent or broker near you by using the Centers for Medicare & Medicaid Services healthcare. gov's Find Local Help search tool. You can also find licensed agents and brokers through your state insurance department.
How does a Medicare agent get paid?
Once a beneficiary is enrolled in an MA or Part D plan, agents earn a commission when the beneficiary switches to a new plan or stays with the original plan. The commission is paid to the agent of record as long as the beneficiary does not have an enrollment submitted to a new insurer by another agent.
Is being a Medicare agent worth it?
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.
How do I get my insurance license in NY?
Generally, to qualify to receive a New York resident insurance license, you must:Be at least 18 years old.Complete any necessary prelicensing education requirements.Pass the appropriate license examination(s), if required.Apply to the Department for a license within two years of passing your examination.More items...
Who is the highest paid insurance agent?
Gideon du PlessisGideon du Plessis failed in the 10th standard and never went to college. He is today the highest earning insurance agent in the world, with annual commissions amounting to Rs 7 crore (Rs 70 million) plus. A record he has maintained over the last 12-14 years, selling 700 policies yearly.
What is the commission for Health Insurance Agents?
Health Insurance agent commission structureCategoryCommissionHealth Individual15%Health Group (Employer-Employee)7.5%Health Group (Non-Employer-Employee)15%Health Group (Credit linked up to 5 years)15%Jun 21, 2019
Can you make a lot of money selling Medicare?
Is Selling Medicare Lucrative? In short, yes. The average Medicare Advantage policy pays around $287 a year in commission if the purchase replaces an existing plan. However, you can get approximately double that — $573— if you write up a new Medicare Advantage plan for someone who hasn't had one before.
How much do Medicare leads cost?
As mentioned previously, new Medicare Advantage pay $25 for each direct mail lead.
Is selling Medicare hard?
No, it's not hard to sell Medicare Supplements. When you're first starting, it should be easy, because everyone on Medicare needs one. It's just an insurance product. You're not a member – you're a policyholder, and that means a lot to people.
Why do insurance agents quit?
26.2% voted a lack of money for leads as their primary reason why they quit. Less important reasons agents quit selling insurance include running out of prospects, personal issues like health problems, and discovering the business wasn't a right fit.
Do you need a license to sell insurance in NY?
All insurance agents and brokers practising in the state of New York must obtain a license to practice from the state's Department of Financial Services. Before a license will be granted, candidates must complete an approved line of pre-licensing education and pass the state licensing exam.
Who needs a Series 6 license?
Jobs utilizing the Series 6 license include financial advisors, retirement plan specialists, investment advisors, and private bankers. In order to obtain the Series 6 license, candidates must pass the Investment Company/Variable Contracts Products Limited Representative (Series 6) exam.
Is selling Medicare profitable?
Is Selling Medicare Lucrative? In short, yes. The average Medicare Advantage policy pays around $287 a year in commission if the purchase replaces an existing plan. However, you can get approximately double that — $573— if you write up a new Medicare Advantage plan for someone who hasn't had one before.
Is it hard to sell Medicare?
No, it's not hard to sell Medicare Supplements. When you're first starting, it should be easy, because everyone on Medicare needs one. It's just an insurance product. You're not a member – you're a policyholder, and that means a lot to people.
About Medicare in New York
Medicare beneficiaries in New York enjoy a variety of Medicare offerings, from the federal option of Original Medicare, Part A and Part B, to plans...
Types of Medicare Coverage in New York
Original Medicare, Part A and Part B, refers to federal Medicare coverage. Medicare Part A (hospital insurance) and Part B (medical insurance) are...
Local Resources For Medicare in New York
Medicare Savings Programs in New York: Programs in New York can assist beneficiaries in paying for things like their monthly premiums. Usually in o...
How to Apply For Medicare in New York
To apply for Medicare in New York, you must be a United States citizen or legal permanent resident of at least five continuous years. You’re genera...
How long do you have to be a resident of New York to qualify for Medicare?
How to apply for Medicare in New York. To apply for Medicare in New York, you must be a United States citizen or legal permanent resident of at least five continuous years. You’re generally eligible when you are 65 or older, but you may qualify under 65 through disability or having certain conditions. You’ll be enrolled automatically as soon as ...
How many Medicare Supplement plans are there?
Medicare Supplement, also called Medigap, features up to 10 plans, each with a letter designation (A, B, C, D, F, G, K, L, M, N). Plan benefits within each letter category do not change, no matter where the plan is purchased;
What is Medicare Part A and Part B?
Original Medicare, Part A and Part B, refers to federal Medicare coverage. Medicare Part A (hospital insurance) and Part B (medical insurance) are available in any state in the U.S. Medicare Advantage, Part C, refers to plans offered by private health insurance companies with Medicare’s approval.
Does New York have Medicare?
About Medicare in New York. Medicare beneficiaries in New York enjoy a variety of Medicare offerings, from the federal option of Original Medicare, Part A and Part B , to plans offered by Medicare-ap proved insurance companies such as Medicare Advantage, Medicare Part D (prescription coverage), and Medicare Supplement insurance plans.
Does Medicare Part B cover vision?
These plans must cover at least what Original Medicare , Part A and Part B does, but can also include additional benefits, like vision, dental, and prescription drug coverage. You continue paying your monthly Medicare Part B premium when you’re enrolled in a Medicare Advantage plan along with any premium charged by the Medicare Advantage plan chosen.
Find An Independent Medicare Insurance Agent – Free Online Directory
The American Association for Medicare Supplement Insurance makes available a directory listing independent Medicare insurance agents. Listed by Zip Code.
How to Interview Medicare Insurance Agents
Whether this is the first time you are eligible for Medicare, or you already have Medicare coverage and wonder if you can do better, we want to help.
Do you sell both Medicare Advantage and Medicare Supplement?
Amazon allows you to exchange or return (most) things you buy. But Medicare insurance doesn’t work like that. And some recent studies report that a significant percentage of people were not happy with the plan they selected. Switching may be possible … but generally not immediately.
How many Medicare insurance plans did you sell last year?
You aren’t trying to find out how much the agent earns. No. You are looking to see if the individual is what we call an ‘incidental’ or occasional Medicare agent or someone who really specializes in the field.
What does a Medicare agent do?
You want a Medicare agent who is actively selling Medicare and maintains regular communications and updates with legislative changes, insurance company news, market-specific news and other changes. Specialization. The more time an agent devotes to Medicare, the better it is for you.
What is an independent Medicare agent?
An independent agent can give you a more complete rundown of your options than can a captive agent. Save time and Independent agents work with Medicare plans every day and are aware of the latest changes as well as the intimate details of the benefits and limitations of each plan.
What certification do you need to sell Medicare?
In addition to being licensed to sell insurance in a specific state, to sell Medicare plans an agent must also pass an annual American Health Insurance Plans (AHIP) certification exam. AHIP certification is administered by the trade association that specifically represents the health insurance industry.
What is the difference between an independent and captive agent?
An independent agent represents many plans, while a captive agent will typically represent only a single carrier, possibly two at most. Having a large portfolio of Medicare plans allows a Medicare adviser to fit the plan to your unique needs. Also look for an agent who charges a flat fee or an hourly rate.
What is the number to call for HICAP?
To access a complete list of HICAP offices, go here, or call the California Department on Aging at 1-800-4334-0222.
How to contact HIICAP?
To contact a HIICAP counselor, call 1-800-701-0501 or visit the HIICAP local Offices page. New York State Medicare Plans. Aetna Medicare.
Can an insurance broker sell Medicare?
An insurance broker that is licensed to sell Medicare plans can help you find coverage through Medicare-contracted private insurance companies. It’s important to note that a broker or agent doesn’t provide direct coverage—benefits are still administered through the actual Medicare plan that you choose.
Does Medicare Supplement Insurance sell insurance?
The American Association for Medicare Supplement Insurance does NOT sell any insurance products.
Do AAMSI agents screen?
It's your choice who you contact (if anyone). To cover costs Insurance agents pay AAMSI a nominal fee to be listed on the directory and AAMSI does not screen or vet agents prior to them being posted.
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 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.
When do brokers receive initial payment?
Generally, agents/brokers receive an initial payment in the first year of the policy (or when there is an “unlike plan type” enrollment change) and half as much for years two (2) and beyond if the member remains enrolled in the plan or make a “like plan type” enrollment change.
Do brokers have to be licensed in the state they do business in?
Agents/brokers must be licensed in the State in which they do business, annually complete training and pass a test on their knowledge of Medicare and health and prescription drug plans, and follow all Medicare marketing rules.
