Question

In: Economics

discuss how managed care managers serve as agents of the consumer. are they good agents?

discuss how managed care managers serve as agents of the consumer. are they good agents?

Solutions

Expert Solution

Health insurance brokers are highly qualified practitioners who are trained and experienced with selecting relevant, affordable health policies to direct individuals and employers through the complexities. Insurance brokers must be approved by the state and operate where they live. In most states, to retain the license, an agent must complete continuing education each year. We keep up with new trends and regulations in the health insurance industry, learn about new solutions that can suit their customers better, and because we typically represent a variety of insurance companies, they can offer a wide range of choices and alternatives.

Operating in the health sector, agents build up clientele over a long period of time. We write new accounts, and update old accounts just as critically. Consumers prefer to employ agents. Many agents develop relationships with their clients that span a lifetime. Professional agents work for the consumer and can offer and explain the differences of many different insurance carriers between a variety of different health products.The agent's independence provides a very significant distinction in that their goal is to hold the client for a lifetime. Since the customer may cancel the agreement at any time, the agent is driven to help the customer decide the best possible plan for their needs and to provide continuing after-sales service.


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