top of page
_AZ_Initial.png)
Blog
Why Working With An Independent Licensed Medicare Broker Is Important
A Medicare Insurance Broker, also known as a Medicare Broker or Medicare Agent, undergoes extensive training on Medicare law and Medicaid services and is officially certified by insurance companies by CMS guidelines. They are required to adhere to stringent regulations, particularly about marketing and enrollment, ensuring full compliance with Medicare, state insurance regulations, and private insurance companies.
Did You Know That All Medicare Brokers Are Agents, But; Not All Agents Are Brokers? What Is A Medicare Broker?
There are two types of Agents. A Captive Agent is only contracted with one Insurance company, meaning they are not allowed to Market or discuss any other Medicare plans from any other company. The second type of Agent is an Independent agent that typically only has 1-3 companies that they are contracted with. While a Medicare Broker, who is still technically an Agent, can represent multiple Insurance companies.Do you know the difference?
bottom of page