Licensed agents help Medicare beneficiaries choose the proper coverage. Agents are licensed and registered individuals 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 agencies to reach and enroll beneficiaries. Agents earn commissions directly from insurers. Independent agents and agencies represent multiple (but not necessarily all) insurers and help beneficiaries compare and enroll in options in their area. They represent both plans and beneficiaries in this capacity, with compensation tied exclusively to enrollments with contracted insurers. As a result, agents may choose between their income and beneficiaries’ needs. Therefore – yes – Medicare quotes do vary from agency to agency. Call Kevin Leinum – your local Medicare Expert about what Medicare covers or how enrolling in a Medicare Advantage or Medicare Supplement plan can improve your coverage and reduce your out-of-pocket costs.
