Commonwealth Fund October 12, 2021
Riaz Ali

Toplines

Licensed Medicare agents, or brokers, can help beneficiaries choose the right coverage, but financial incentives also can influence which plans they highlight

Differing commission rates could force agents to choose between their earning potential and helping beneficiaries choose coverage that meets their needs

Licensed agents (also known as brokers) and agencies can help Medicare beneficiaries choose the right coverage. Agents are individuals who are licensed and registered to solicit and enroll people into insurance products. Agencies provide administrative support such as marketing, technology infrastructure, compliance, and other services for agents. Medicare plans contract with agents and agencies to reach and enroll beneficiaries; in return, agents earn commissions directly from insurers. Independent agents and agencies represent multiple (but not necessarily...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

 
Topics: CMS, Govt Agencies, Insurance, Medicare Advantage, Patient / Consumer
Fastest-growing nonprofit Medicare Advantage plans | 2025
‘Long-Term Harm’: Former CMS Chief Warns HHS Cuts Will Impact Nursing Home Surveys, MA Oversight
Senate report scrutinizes Medicare Advantage marketing spend, broker practices
Nursing Home Relief: Bipartisan Bill Aims to Reform Prior Auth Among Medicare Advantage Plans
Risk Adjustment Reform: Navigating Ideas And Tradeoffs (Part 2)

Share This Article