What does a health insurance broker do?

January 19, 2016

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Lauren
Lead Copywriter

 

 

First off, what exactly is a health insurance broker?

A health insurance broker is a licensed expert who can help you find and purchase the best health insurance plan for your needs and budget.

A broker is different from an agent in that they don’t rep any single health insurance company, so they’re free to suggest plans from multiple carriers. They’re also different from an Affordable Care Act navigator in that they’re not solely trained to help you get a plan on HealthCare.gov. (Some brokers are certified to help you understand and purchase plans through HealthCare.gov, Medicaid, Medicare, etc., but not all. It’s important to ask the broker in the beginning if they can help with all your needs.)

Health insurance brokers are at no expense to you; they receive commission from the insurance carrier. All carriers pay the same commission amount to brokers (i.e. there is no incentive for brokers to push one carrier over the other).

In other words, don’t be afraid to reach out to a health insurance broker to help you find a plan! They’re your friend! In fact, our friendly brokers can help.