What Agents Can't Say During Medicare Sales Appointments Ritter Insurance Marketing
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. When you understand the basics of Medicare, you will quickly learn that there isn’t a “one size fits all” plan. There are several advocacy organizations, as well as State Health Insurance Assistance Programs, educating people about the entire range of issues facing Medicare beneficiaries. Enhancing these resources, which have no financial stake in plan decisions, is crucial in the existing model where beneficiaries are asked to make consequential trade-offs with imperfect information. Results varied widely between tools and plan types, but all of the agent tools excluded some of the plans available in the area. Commissions are priced into the policy and paid to the agent by the insurance company. As permitted in certain st...