A Health Insurance Agent

Elijah The Mentor

Updated on:

A health insurance agent’s job is to help an individual or a family select a health insurance policy that fits their very personal health coverage needs.

There are two things a person must do in order to become a health insurance agent or broker:

  • 1) Become licensed to sell health plans, which requires them to study for and pass a state exam. Once licensed, the agent has to…
  • 2) Receive training from any insurance company that wants the agent to sell their products

Agents can work for one insurance company, selling only that company’s plans, or they can work as a broker representing multiple insurance companies.

Health Insurance agents vs brokers

The term “agent” is sometimes used interchangeably with the term “broker”, but they can have different meanings.

  • What’s a licensed agent? Health brokers may sometimes be employ agents to represent one or more health companies
  • What’s a broker? Brokers typically represent two or more companies, which gives the broker and their agents more ways to help a customer find the health plan that best matches their needs.

The price of a health plan doesn’t change if a broker or an agent helps someone enroll in a plan. Brokers and agents today are paid by companies.

Obtain a License to Sell in Your State

Before you can start selling health plans, you need to earn a license from the state you’ll be working in, according to the BLS. The BLS adds that many health agents complete additional certifications making them eligible to sell other financial products, as well.

Join a Health Agency Association

Upon securing a position as a health agent, you should consider joining an association like the Association of Health Advisers. Members of an association may receive additional training and support, as well as opportunities to network with other agents.

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