Health Insurance Broker and services in Auburn, Bluffton, IN

Health insurance broker and agent

 

The Health Insurance Shop is a health insurance broker serving Angola IN, Auburn IN, Bluffton IN and Huntington IN. Whether and agent or broker your consultant should be licensed and knowledgeable.  Any many ways a health insurance broker acts as a Sherpa and helps you navigate the complex and pitfalls of health insurance.

 

Most people use the term agent and broker interchangeably. When it comes to health insurance agents you get captive agents and independent agents. Captive agents work for or represent a specific insurance company. An independent agent acts more like a broker and connects consumers and business clients with appropriate health plans.

So for all intents and purposes a health insurance broker is the same as an independent agent. They review and compare plans from different insurance companies and advise their clients accordingly. They get paid a commission or flat fee by the carrier for plans sold.

Sometime you can get a better deal from a captive agent. However, a health insurance broker has access to several carriers and could find you a better fit. It does not make sense though to work with multiple captive agents, as then you are trying to be a broker yourself.

Both captive agents and health insurance brokers make their money in the form of commissions received from one or more carriers. The advantage of using an insurance broker is that you get informed and professional advice and you will get a plan from a carrier that is the best fit for your needs.

Health insurance is a complicated field and your policy generally tends to be long-term. It makes sense to get expert advice to make informed decisions when buying expensive long term products such as health insurance plans and policies.

Health Insurance agent and services in Angola, Huntington, IN

What to expect from a health insurance agent

If you need a health insurance agent in Angola IN, Huntington IN, Kendallville IN then the Health Insurance Shop can help.  They can help you with the right health insurance products for you and your family. Health insurance is expensive and in some cases the increases in costs have been staggering. When you add to that the current uncertainty regarding the future of Obamacare and related products, it seems a good idea to consult with a health insurance expert.

 

A health insurance agent can help you if you are an individual, a family or a business looking for group health plans.

 

A health insurance agent can help determine which plans are best for you. If you are a business and wish to offer group health insurance as an employment benefit your agent can assist with matters such as eligibility to use the SHOP marketplace and eligibility for health tax credits.

 

Your health insurance agent should take time to understand your circumstances and your healthcare needs. The agent will then be able to review and compare plans. Your agent can enrol you in a suitable plan and manage your renewals and plan changes.

 

Ideally you want to work with an agent who provides with one-stop shopping. Your agent should a licensed and independent broker with no allegiance or bias to any specific provider. You want to be treated with respect and understanding irrespective of the value of the policy you are interested in. Medical conditions and matters are often private and you would like to keep it that way. You also want your health insurance agent to respect your privacy and private information.

 

Currently you will pay the same rates, irrespective of the agency you deal with. That could well change soon.