Health insurance is expensive, and unfortunately, it has often become thought of as a “luxury” that individuals and families decide to go without. But it doesn’t have to be that way. There’s a real opportunity for you to provide coverage for individuals who fall into this category.
As a health insurance broker, you play a crucial role in educating your clients about healthcare benefits. You’re the expert on what coverages work best for their specific situations. You help them understand what insurance products are available.
Whether you’ve been a health insurance agent for years or you’re new to insurance altogether, representing ACA insurance gives you the opportunity to help more people understand their health coverage options.
When you align with Plan Advisors to offer ACA services during OEP 2022, you not only offer your clients more but you will also do more for your business growth.
1. Offer Your Clients More With ACA
The Affordable Care Act exists to make healthcare accessible for individuals and families.
In past years, plan options were limited, but this year ACA has become even more accessible as new carriers have entered the health insurance marketplace or expanded into new states.
As an independent agent, you can represent plans from the nation’s top carriers for your community, including United Healthcare, Aetna, Bright Healthcare, Oscar, Molina, and more.
If you’re already selling ACA plans, make sure you’re representing all the carriers available in your region by exploring this map.
Those who are new to ACA will need to start by getting contracted to sell ACA.
2. Commissions Are Coming Your Way
When you help your clients find lower costs for the coverage they need, you’ll find that the benefits are mutual.
This year, more individuals qualify for subsidies that help lower their health insurance costs.
If your client has qualified for tax credits to lower their monthly premiums, they have access to lower costs on their Marketplace insurance plan. But when you sell them the plan, you receive full commission benefits on the original, undiscounted price of the plan.
Not only do you get full commissions, but this year agents are getting more commissions! Broker commissions on ACA plans have increased from past years.
Selling ACA during OEP 2022 means more commissions per member per month.
3. The Horizon Is Bright With ACA
Opening up your offerings to serve ACA-eligible individuals means that you’ve widened your market for serving customers.
In the United States, the uninsured population continues to rise. You can offer accessible and affordable coverage to non-elderly adults and working families. As a result, your target audience will reflect a whole new demographic of eligibility.
Let’s Us Help You Get Started With ACA
Ready to take advantage of everything ACA has to offer for your business? Get aligned with Plan Advisors to represent ACA plans.