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Scroll down for a discussion on Becoming a "SENIOR" health insurance agent within the Senior Insurance Forum.

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Reply to Becoming a "SENIOR" health insurance agent
Old 10-09-2009, 09:29 PM   #21
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State: zercath is an Insurance Agent from Alabama
Re: Becoming a "SENIOR" health insurance agent             Go to Top


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Last edited by zercath : 10-09-2009 at 09:33 PM. Reason: Posts merged
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Old 10-09-2009, 09:34 PM   #22
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Last edited by zercath : 10-09-2009 at 09:39 PM. Reason: Posts merged
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Old 10-09-2009, 09:40 PM   #23
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Last edited by zercath : 10-09-2009 at 09:40 PM. Reason: Posts merged
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Old 10-10-2009, 10:30 PM   #24
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What is this crap from zercath all about? I say we ban him/her!
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Old 10-11-2009, 02:02 AM   #25
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padthaiforlunch on Becoming a "SENIOR" health insurance agent - Insurance Agent Forum
 
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Re: Becoming a "SENIOR" health insurance agent             Go to Top

And how is that writing going?

Originally Posted by midwestbroker View Post
Thanks for the feedback!

I am writing another part to it, marketing and prospecting. I will post it when I have that done.

There is a uniqueness to the Medicare market.

- They only have a few different options to choose from. The carriers to choose from may be vast, but the overall structure is the same.

- The need is greater - Most seniors are aware of the importance of having coverage, since they are at a stage of their life where they are more prone to illness, injury and prescription medication.

- They are bombarded by offers in the mail for insurance, financial planning, etc. Clarity is what they want. It is more education then selling.

- If they have been on Medicare for a while, the fear of changing can be a big one. You can sell them on the insurance, but you also may have to sell them on the benefit of change.

The last one is the one I wish I would have realized a while ago. I would have had more sales!

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Old 10-11-2009, 05:44 AM   #26
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Chazm on Becoming a "SENIOR" health insurance agent - Insurance Agent Forum
 
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^guess he needed a little longer than 2 years?
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Old 10-11-2009, 07:12 AM   #27
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Re: Becoming a "SENIOR" health insurance agent             Go to Top

One thing I learned is the importance of using plain language. People can easily get confused between Part A, Part B, Part C, Part D (Medicare) Vs Plan A-L (supps). I've heard I need Part F, they meant a supp. Or, I need a Part D supplement.

Instead of saying provider directory, say doctors list.

Instead of network, say doctors who contract with the company.

Instead of referrals and authorizations apply to HMO's, say you and the Doctor may need permission from the insurance company before you can see a specialist or have a medical procedure done.

Medicare is simple in terms of underwriting, and enrollment, but it can be very complicated because of the rules and regulations imposed by the Fed Govt, and the complexity of the terminology used to describe a Medicare recipients plan options.

Agents need to be on top of their game in terms of being compliant. At the same time, agents need the gift of explaining a complicated Medicare program in easy to understand language.

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