Agent Broker Compensation
For example, if you want to sell Medicare plans with Aetna, Cigna, and Anthem, you’ll need to complete a contract with each of those entities through your FMO. Now that you are licensed to sell health insurance, you must take and pass with 90% or better an annual Medicare training and certification through America’s Health Insurance Plans . To become a Medicare insurance agent, you must first get a health insurance license in the state you currently live in . Don't overlook the importance of print advertising, direct mail marketing, and in-person networking for this audience. You need to know as much as possible about Medicare to earn policyholders' trust. Therefore, the sooner you get started, the deeper your learning will be. If you maintain that level in year two and retain 80% of your existing policyholders, your Advantage commission will increase to $100,000. That income will continue to grow annually, assuming you add new clients every year and hold on to a good percen...