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How to start a Medicare Agency?

How to start a Medicare Agency?

How to start a Medicare Agency?
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How to start a Medicare agency? Steps you need to make sure you don’t miss:

  • File and Register your LLC/Corp where you will to be headquartered
  • Apply for your Life & Health with the Department of Insurance under your LLC/Corp
  • Appoint a licensed individual, that person will act as the principal of the Medicare Agency and must be a licensed insurance agent who is authorized to sell insurance
  • Obtain errors and omissions insurance, this type of insurance protects the LLC and its owners from lawsuits related to the sale of insurance
  • Stay compliant, regularly review and update your policies and procedures

All State licenses where you wish to conduct business in will need to be applied for both the principal and the Medicare Agency, yearly AHIP and carriers’ certification will still need to be completed by the appointed principal on behalf of the Medicare Agency.

How to start a Medicare Agency? Infrastructure

  • Hired staff for back-office support
  • CRM, client and leads management system
  • Quote & Enroll Platform
  • Commission Tracker
  • Call recording capabilities with unlimited data and 10-year storage

Establishing yourself as a Medicare Agency it’s important for you to service your downline agents and agencies. Having the capabilities for them to track leads, and giving them the ability to access the enrollment platform compliantly will allow your brokers to carry on their day-to-day with a lot more ease. With your hired staff any questions regarding marketing or product-specific training can be handled in a much more timely manner and your brokers feel supported.

How to start a Medicare Agency? Partnering with an experienced leader in the Medicare insurance industry

  • Easy Onboarding
  • Direct Commissions
  • Broker Support
  • Knowledgeable Support
  • Cross-Selling Experience

As you can see there are a lot of moving parts that need to be running in synchronization to have a successful Medicare Agency. Pinnacle Financial Services is here to help you implement and execute all facets of your Medicare Agency. We customized compliance plans to guide you through the process. We have a large team of dedicated senior market specialists is available to assist you with questions, client eligibility, and developing marketing strategies. We offer face-to-face training, web-based training, and webinars.

Let’s discuss how we can help you start or grow your Medicare Agency!

Give us a call at 800-772-6881 ext 7794

Need leads in a hurry? Check out our Lead Opportunities!

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Rafael Mendoza

Rafael Mendoza

REGIONAL SALES DIRECTOR

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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Medicare Training Options

Medicare Training Options

Medicare Training Options
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The Centers for Medicare & Medicaid Services also known as CMS requires you to do a yearly training if you will be helping clients with selecting a Medicare Advantage plan. Whether you are a new agent or a seasoned veteran, we go through Medicare Training every year. Most agents use AHIP which is a National Association that provides CMS-compliant training it’s the health insurance industry’s most widely recognized Medicare Fraud, Waste and Abuse training. An alternative to the AHIP training can be the NAHU Certification.

Medicare Training Options

In order for you to service your clients and have them feel you are the source of information for all things Medicare going through the Carriers portal and taking the additional “optional” training can make the difference in making the sale or a client’s walking away from the sale. Some examples will be UnitedHealthcare and in Jarvis under the knowledge center tab, there’s a link to the Learning lab. You also have Aetna producer world after navigating the Individual Medicare tab there’s an option where you can click on Learn, Humana, and Anthem the carriers list goes on with additional training. With all the different Medicare training at your fingertips, it can only enhance your relationship with clients and separate you from the competition.

Medicare Training Options

There are a lot of different Medicare Training Options for you to access you can go to Pinnacle Financial Services resources for agents and watch our educational videos. There’s also Medicare Rights Center with additional training options. In today’s world where all the information you need is at your fingertips, the practical application is where the biggest impact will be made.

Medicare Training Options

Partnering up with a Non-Captive Independent leader in the Medicare segment like Pinnacle Financial Services is extremely valuable to your ongoing Medicare Training. The resources we have available and the information we continue to share help you apply them to your day to day. Pinnacle Financial Services not only has a National Trainer in-house but also has readily available Sales directors and a Support team taking your calls and helping you navigate any Medicare questions you may have.

Give a call at 800-772-6881

Need Medicare Leads? Learn more about our many Lead Opportunities!

Make sure to check out our brand-new podcast as wellClick Here

 

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Rafael Mendoza

Rafael Mendoza

Regional Sales Director

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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Medicare Spanish Marketing Materials

Medicare Spanish Marketing Materials

Medicare Spanish Marketing Materials
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Having Medicare Spanish Marketing Materials readily available is a must in today’s market. The Hispanic or Latino population grew from 50.5 million (16.3% of the U.S. population) in 2010 to 62.1 million (18.7%) according to the 2020 United States Census Bureau. Agents will be missing a good portion of an Aging population and can potentially have a major disadvantage if they cannot properly communicate to their potential clients effectively.

Where to access Medicare Spanish Marketing Materials?

Major carriers e.g; UnitedHealthcare, Aetna, Humana, and Anthem just to name a few have CMS-approved Spanish Materials in their broker portal. As a valued partner with Pinnacle Financial Services, you also have a Marketing team at your disposal offering customizable creative solutions at no cost.

Retaining your book of business utilizing Medicare Spanish Marketing Material

Plenty of Agents understands the need to diversify their book of business. Unfortunately, after spending their time and resources to attract and sign clients with a healthcare plan they failed to communicate with them during the year, and as a result they end up losing the client. Spanish Marketing Materials is not just a way to attain the client, but it should be used to retain them as well.

Pinnacle Financial Services help our Partners go to market with Medicare Spanish Marketing Material

As a partner with Pinnacle Financial Services, you will have access to a Spanish speaking Sales Director, helping our Broker Partners navigate and select Spanish Materials. Our value Partners can request an Agent website in Spanish to facilitate enrollment with the new potential client. The goal is to stay consistent with communication and to allow the client to feel understood and not underserved.

Need Medicare Leads? Learn more about our many  Lead Opportunities!

Make sure to check out our brand-new podcast as well! Click Here

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Rafael Mendoza

Rafael Mendoza

Director of Sales | Health

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

CallEmail