What should you examine when selecting a Medicare licensed agent?
Navigating Medicare can be perplexing, and the optimal choice for coverage options that suits you may not be the best match for someone else. Given that everyone’s circumstances differ, it is critical to pinpoint the right Medicare insurance representative. You must choose someone who possesses an extensive understanding of all the coverage choices open to you.
Here are the crucial inquiries to make when picking a Medicare insurance representative:
Do you hold a valid license?
The regulation of insurance agent licensure falls under the purview of each state’s Department of Insurance. You have the ability to verify an agent’s licensing status through the state insurance department’s online portal.
For which insurance firms do you have authorization to sell their plans?
Medicare representatives are required to undergo an annual Medicare certification training for each insurer whose Medicare Advantage and Part-D prescription plans they wish to offer. While selling Medicare Supplement policies does not necessitate certifications, many insurers mandate that representatives undergo specific training for those products.
What fraction of your clientele are enrolled in Medicare?
Your goal should be to engage with a specialist, rather than someone who only occasionally handles Medicare matters.
