Before an agent starts a Medicare insurance career they must understand the differences between Original Medicare and additional Medicare plans provided by private insurance companies. Medicare is our socialized health care system that provides health coverage for individuals aged 65 or older and/or the disabled. Original Medicare is comprised of two parts: Part A which covers hospital bills and Part B that covers doctor bills. Original Medicare is less comprehensive than other health care plans; therefore the majority of seniors sign up for or purchase Medicare insurance policies from private companies to fill the gaps in coverage or provide additional coverage above traditional Medicare. Agents sell policies such as Medicare supplements, Prescription Drug and Medicare Advantage plans to clients to help them lessen the costs associated with hospitalizations, emergency room visits, doctor visits, prescription drugs, etc.
One of the biggest reasons to choose a career in Medicare insurance is that the Medicare insurance industry is booming! Approximately 10,000 people are turning 65 every day in the United States, so there is a tremendous need for agents to sell Medicare policies. Since there is no shortage of potential clients, the earning potential for an agent in this career is unlimited.
Our team of marketers are ready to offer expert advice so you can give your clients the freedom to continue seeing the doctors and hospitals they trust.