Agent Broker Compensation
Aim for a variety of plans so that you can meet these different needs. Certain carriers allow you to skip the contracting process if you already sell their other products. Others require you to contract for each new product line you sell. Double-check with your point of contact at each carrier to make sure you understand the proper procedure. Many carriers have minimum product requirements, for example, at least one enrollment per product. Most new agents want to rush in and offer every Medicare Advantage plan from day one. It's an understandable ambition, but it can quickly become overwhelming. Once you've started selling, you'll need to recertify with each carrier annually. Doing so ensures that you stay up to date on Medicare regulations and the yearly shifts in each carrier's offerings. Starting early also means that you can begin onboarding more clients earlier. This can include many things such as shots or vaccines that are recommended by healthcare professio
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