Whether you are trying to get personal health insurance or group health insurance for your employees, finding an affordable policy that meets your health needs can be challenging. If you’ve never had insurance before, it is crucial to ask the right questions and know what you are looking for when comparing providers.
Health insurance brokers can help you choose the right plan for your health needs without breaking your budget. They can guide you through comparing providers and plans, help you avoid mistakes early, and update your health insurance.
What Does a Health Insurance Broker Do?
A health insurance broker is a licensed insurance professional who can help you manage the health insurance selection process from start to finish. While some people prefer to research plan options on their own, others are overwhelmed by the process of buying health insurance and can benefit from professional assistance.
Brokers also help business owners sift through available options to find a healthcare plan that’s compatible with the needs and budget of their company. A broker can help you apply for help paying for coverage and enroll in a health plan.
They can make specific recommendations about which plan you should enroll in. They’re also licensed and regulated by states and typically get payments, or commissions, from health insurers for enrolling a consumer into an issuer’s plans. Some brokers may only be able to sell plans from specific health insurers.
What Is the Difference Between a Health Insurance Broker and Agent?
Health insurance brokers and agents both serve as moderators between you and the insurance company. They are also legally obligated to help you find affordable health insurance that fits your needs.
The main difference is that an insurance agent represents the health insurance company while a broker represents you. In simpler terms, a health insurance agent represents one health insurance company, whereas a broker carries plans from multiple health providers.
What Are the Benefits of a Health Insurance Broker?
Save on Your Insurance Rates
A broker works with several insurance partners to find the best deal on insurance coverage that’s right for you. They will assess your personal needs and make impartial recommendations that serve your interests.
Get Advice From an Experienced Professional
It is your insurance broker’s job to provide you with personalized support so that they can advise you on the coverage options that are best suited to your particular needs. A broker works with various products and services from multiple insurance partners. They have a broader knowledge of product options.
Receive Faster Claim Payouts
In the event of a claim or a loss, your broker will help you through the process. They will be there to answer any questions that come up and, more importantly, to serve as your advocate in ensuring that the payout you receive is fair and delivered to you promptly.
Protect You From Insurance Companies
A broker’s primary responsibility is to serve your insurance needs. They will ensure that you have the coverage you need at best possible rate. They will work with you to answer your questions, make honest recommendations, be your advocate, and always put your interests first.
Contact Insurance Enterprise for Personal Health Insurance
If you have questions about health insurance and need quotes, contact Insurance Enterprise at 888-350-6605. Speak to a health insurance broker and find out more about getting an affordable health insurance plan.