A few facts First

The Centers for Medicare and Medicaid Services (CMS) set the maximum amount insurance companies can pay insurance agents.  Insurance companies can pay less, but not more.  CMS allows insurance companies to pay up to $705 per eligible Medicare persons for their initial year.  That is usually the month that the person turns 65 years of age (T-65).  It could also be the month they receive their Part B-Medical coverage.  You may delay taking your Part B if you continue to work and have credible health care or have coverage through a spouse.

CMS allows insurance companies to pay $353 per Medicare eligible persons for their renewal years.  Renewal years is when you build your book of business.  If your clients remain on the same plan that they originally chose with you, you continue to receive payments for each of those clients each year they are signed up for the insurance plan.  If the client changes the plan with you, you receive the renewal payment with the new plan.  However, if the client switches plans with another insurance broker, you lose your commission and the new broker receives that commission.  Therefore, it is imperative to maintain a personal dialogue with your clients.  Your "Book of Business" determines your financial success.

Following are commission examples from Aetna Coventry T-65 clients and beginning with signing only 50 new clients the first year, and each year thereafter, while retaining your client base:

• Payment - $705
• Lump payment of $353 and $29.41 per month for each client in your Book of Business.
• A policy sold in January results in a total of $353 combined monthly commissions for the year, whereas a policy sold in July would yield a combined monthly commission of $176.50 for the year.
• $35,250 yearly earnings in  2025 with 50 clients
• $52,900 yearly earnings in  2026 with 100 clients (35,250 base + 17,650 renewals)
• $70,550 yearly earnings in  2027 with 150 clients (35,250 base + 35,300 renewals)
• $88,200 yearly earnings in  2028 with 200 clients (35,250 base + 52,950 renewals)
• $105,850 yearly earnings in 2029 with 250 clients (35,250 base + 70,600 renewals)
• $123,500 yearly earnings in 2030 with 300 clients (35,250 base + 88,250 renewals)
• $141,150 yearly earnings in 2031 with 350 clients (35,250 base + 105,900 renewals)

I have worked this business for seventeen years and have over 1,478 clients. This opportunity is available to you also.  Let me guide you in building your Book of Business.

My personal Book of Business growth and income:

Year         # of Clients     Gross Income      Net Income

2008              22                    8,800                     6,160

2009              46                   13,000                    9,660

2010             126                  37,800                   26,460

2011             258                  77,400                   54,180

2012             370                 111,000                   77,700

2013             499                 124,750                   87,325

2014             715                 149,003                   86,475

2015             910                 218,464                 157,983

2016           1072                 232,376                 172,363

2017           1062                 263,334                 202,919

2018           1164                 359,596                  280,471

2019           1280                370,889                  289,293

2020          1405                 436,825                  316,811

2021          1543                 491,554                  344,087

2022          1803                 544,460                  408,345

2023          1595                 585,579                  439,184

2024          1478                 757,717                  530,401

I will show you a proven step by step system that I've developed over the years.

You will receive reimbursement for initial start up costs.  Read more under the Steps to Success tab above on how to get started.

*New complex accounting system used by a professional accountant.