Why you should work with a broker

When thinking about which health plan you want to buy, there are a lot of things that may come in to play during your decision-making process. If you don't already have coverage through an employer-sponsored plan and need help wading through your options, you may want to think about working with an insurance broker.

What is a broker?

An insurance broker is an independent agent who sells health plans from different carriers and gives you an unbiased opinion of the options that are available to you. Brokers are state-licensed and certified to help you find a plan that most closely fits your lifestyle and needs.

How brokers can help you find a plan

Brokers are well-versed in researching health plans and benefits, so they can help you narrow down your choices. Brokers can help you:

• Understand the differences between plans
• Find a plan that best fits your budget and needs
• Get the benefits that are the most important to you

If you’re looking for an individual or family plan, a broker can walk you through the application process and help you find out if you qualify for a tax credit to lower your monthly premium.

Additionally, if you’re about to retire or about to turn 65, they can guide you through your options for health coverage.

What to think about when choosing an agent or broker

When looking for a broker or agent you want to work with, here are a few things to keep in mind:

• Look at the types of plans the broker sells. Do they focus on individual and family plans or Medicare plans?
• Review their credentials and background. Are they licensed in Idaho? Do they speak a language you prefer to speak?
• Talk to your family and friends. Does anyone recommend a broker they’ve worked with?

When working with an agent or broker, don’t worry about asking too many questions. Picking a health plan can be confusing and it’s best to know exactly what you’re signing up for before you commit to a plan.

Do I have to pay to work with a broker?

No. Working with a broker is free, so you won’t pay any fees for their assistance in helping you find a plan. Brokers are independent business owners who are paid by the insurance companies when you purchase a plan from that carrier. So, you won't pay a higher monthly premium or extra fees your health plan whether you work with a broker or not.

How do you find a broker?

If you’d like to work with a broker, but don’t know where to start, our Sales Team can help. Our Sales Team includes a group of licensed agents who are ready to answer any questions you have about insurance.

Call our Sales Team at 888-462-7677 so they can help you find a broker today!

 

Posted: July 26, 2023