Agent Commissions in Medicare and the Impact on Beneficiary Choice
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. Sometimes these agents/brokers are employees of the contracted company. In other situations, the companies hire independent agents/brokers who are not employees to sell the companies' Medicare plans. Licensed agents and agencies can help Medicare beneficiaries choose the right coverage. Many websites of state insurance departments allow you to check the license status of someone who claims to be a licensed insurance agent or broker. Contact our insurance agents today to learn how we can give you a personalized, informative experience. Part C may also provide additional coverage such as Dental, Vision, Hearing, Gym memberships and more. While this post may contain li