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What To Expect When Working With a Medicare Agent
In states, and for products where applicable, the premium may include a $1 administrative fee. If you have purchased an association plan, an association fee may also apply. Some plans may also charge a one-time, non-refundable medicare agent enrollment fee. And fourth, the renewal–commissions model is a double-edged sword. Ensuring commissions even if beneficiaries stay with their original plans may help prevent unnecessary switching. Every client will have their priorities when it comes to out-of-pocket costs. Therefore, have a wide enough variety in your portfolio so you can serve everyone. That includes not only the high-premium, low-visit-cost crowd but also those who prioritize a low premium over potentially high out-of-pocket expenses. Previously, agents had to take this training separately from the AHIP program, but AHIP now offers them both under the same umbrella. AHIP certification is a requirement of the Centers for Medicare and Medicaid Services . When interviewing
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