1. Understand the Medicare Program:

Before becoming a Medicare producer, it is crucial to have a solid understanding of the Medicare program. Familiarize yourself with the different parts of Medicare, including Part A (hospital insurance), Part B (medical insurance), Part C (Medicare Advantage plans), and Part D (prescription drug coverage). Learn about eligibility requirements, coverage options, enrollment periods, and the rules and regulations governing Medicare.

2. Obtain Necessary Licenses:

To sell Medicare products, you will need to obtain the appropriate licenses. The specific licenses required may vary depending on your location, so it is important to research and understand the licensing requirements in your state. Typically, you will need to obtain a health insurance license, which may involve completing pre-licensing education courses and passing a state licensing exam.

3. Complete Training and Certification:

Many insurance carriers require Medicare producers to complete training and certification programs specific to their products. These programs provide in-depth knowledge about the carriers' Medicare plans, rules, and regulations. Training and certification requirements may vary among carriers, so you may need to complete multiple programs if you plan to work with different insurance companies.

4. Choose an Insurance Carrier:

Decide which insurance carrier(s) you want to work with as a Medicare producer. Research different carriers and their Medicare product offerings. Consider factors such as carrier reputation, product variety, commission structure, and support provided to producers. Contact the carrier(s) you are interested in to learn about their contracting process and any additional requirements they may have.

5. Contracting and Appointment:

Once you have chosen an insurance carrier, you will need to complete the contracting and appointment process. This involves filling out the necessary paperwork, providing required documentation, and meeting any additional requirements set by the carrier. The carrier will review your application and, if approved, will appoint you as an authorized Medicare producer.

6. Stay Informed and Compliant:

As a Medicare producer, it is essential to stay informed about changes and updates in the Medicare program. Attend continuing education courses and stay up to date with any regulatory changes or policy updates. Comply with all applicable laws, regulations, and ethical standards governing the sale of Medicare products.

10,000 Baby Boomers are turning 65 every day!

This fact presents an unprecedented opportunity for new business. In a tough economy, you don’t want to pass up an option like this one. With a strong portfolio of senior products, you will better meet the needs of your Medicare customers and at the same time, increase your sales.

The company’s dedication to the Medicare Managed Care population provides us with the opportunities to better understand insurance solutions, marketing best practices, effectively offering health/life insurance plans according to the care needs of the beneficiaries, assisting in managing health care delivery in the communities we serve.

Who can you call with questions? How can we assist you? Personalized attention in our commitment to you. By completing the form below we will know best how to serve your needs. We look forward to working with you.