If you’re looking for a new career, there are probably a few factors you’re looking for. You may want a job that gives you plenty of flexibility, is interesting, involves fulfilling work, and, of course, pays well. What if we told you there’s a job that not only meets all of those criteria but also allows you to be your own boss in just a few short years?
Working as a Medicare agent can be satisfying, lucrative, and flexible. Read on to learn more about this profession and all the benefits you can find working in the Medicare industry.
Abundance of Clients
One of the best things about being a Medicare agent is that you’ll have an abundance of clients. Every day in the United States, 10,000 more people turn 65 and become eligible for Medicare benefits. This means that you’ll have 10,000 potential new clients every single day!
The other good news is that people are living longer and longer, thanks to the power of new medical advancements. So not only are you getting thousands of new potential clients every day, but you’ll be able to form longer-lasting relationships with your current clients. This means the Medicare client pool is plenty deep enough to keep your business growing and thriving for decades to come.
Plenty of Earning Potential
Because you have such a deep client pool in the Medicare industry, you have effectively limitless earning potential. Your client pool determines your income, and you’ll have a larger client pool than you could ever manage. Your earning potential is limited only by how much business you want to take on at one time.
Not only does this give you tremendous access to a comfortable lifestyle yourself, but this kind of earning potential also provides some spectacular growth opportunities for your business. Your agents will be able to grow their earning potential as they bring in new clients. And you can keep growing with no cap on the amount of revenue your business could be bringing in.
Low Entry Barriers
One of the other fantastic reasons to consider a career in Medicare is that it’s a relatively easy field to get into. Some career paths that have a six-figure earning potential require years of schooling, incredibly difficult certifications, and ongoing education. This may not be a reasonable option for you, especially if you’re looking to change careers later in life.
But when you sell Medicare, all you have to do to get into the industry is to pass your state’s licensing exam. Oftentimes, this may include some brief educational courses, and some employers may prefer their employees to have a college degree. Once you pass the licensing exam, you’ll need to pass a background check, and then you’ll be in business!
Lots of Room for Advancement
When you’re choosing a career field, one of the primary things you look at is opportunities for advancement. No one wants to work the same job for thirty years with no chance of moving up the chain and gaining a better status in your field. Luckily, in the Medicare field, there’s lots of room for you to advance throughout your career.
You can start out your career in Medicare as an agent, either working on your own or working through an agency. As your client pool grows, you can hire more and more employees, putting you in a managerial position. By the time you’re ready to retire, you could be running your own insurance empire with multiple offices and dozens of agents under your umbrella.
Being your own boss is a dream for many Americans in a variety of career fields. You don’t have to answer to anyone, you can run your business in the way you see fit, and you can build a legacy that you can take pride in. A job in Medicare gives you a fantastic opportunity to keep both hands on the wheel in your career.
Because you have the opportunity to work as an independent agent, you can be in charge of your own career from the start. If you prefer to start out in a little more structured environment, you’ll certainly have a chance to move into an entrepreneurial position later in your career. You can build your business confident that you’ll have a solid foundation to work from.
Opportunity for Expansion
Not only will you have the opportunity to direct your own career, but you’ll also have lots of opportunities for expansion. Because of your enormous pool of potential clients, you’ll need to hire additional agents to help you cover the demand. Even if you start with a small, one-person operation, within a few years, you could be running a full office.
As your business and client base continues to grow, you can continue to expand your business. You may find that you have to open additional offices or that you can afford to expand into other regions. Over the years, you could wind up being at the top of a whole empire of Medicare agents working to provide your clients with the protection they need.
Excellent Job Security
The last year has shown us more than ever before that the only certainty in life is uncertainty. You want to pick a career that will provide you with the kind of stability you need to support your family. Medicare sales can offer you that security you need, even in a world that seems more uncertain than ever before.
The one business that will always be around is healthcare; people are always going to get sick and injured and need care. The Medicare system provides people access to the healthcare they need, which makes it a tremendously stable industry. You can get the job security you need while providing people the help they need.
Rewarding Client Service
On the subject of providing help, one of the best parts of working in Medicare is that you get to help people. Healthcare disasters are some of the most terrifying and vulnerable moments in people’s lives. Not only are they worried about treatment and prognosis, but they may also be terrified about how they’re going to pay for it.
As a Medicare agent, you get the be the voice of hope at a time when people need it most. You can go to your clients and say, “Don’t worry about the payments; we’ve got this.” When you go home every night, you can rest easy, knowing that you’ve helped people through the most terrifying time of their lives.
Flexible Work Hours
These days, the traditional nine-to-five work setup is falling by the wayside, as people are striving towards a better work-life balance. And with the onset of the pandemic, our work lives have moved to our homes and hours have become even more flexible than before. However, this isn’t an entirely bad thing, as flexible work hours are becoming more of a commodity these days.
One of the huge benefits of being a Medicare agent is that you can set your own hours. If you work best from ten to six or seven to three, that’s up to you! And as you grow your business, you’ll have more and more chances to arrange your work schedule in the way that is best for you and your lifestyle.
Work from Anywhere
In addition to flexible work hours, more and more people are looking for flexible work locations when they’re job hunting. It’s wonderful to have the freedom to work from home on days when your kids are sick or to travel without giving up your time off. Many people even prefer to work from a coffee shop or restaurant during the day, just for a change of scenery.
As a Medicare agent, you won’t need to be tied to one particular desk; you can work anywhere that suits you. Most of your work will be handling sales calls or processing client claims, and you can do that as easily from Miami as you can from your home office. Or, in the event of a deadly pandemic, you can continue work uninterrupted while keeping yourself and your family safe.
One of the things that most makes people dread their jobs is drudgery. No one wants to go into a job where they do the same rote tasks on the same boring routine in the same bland cubicle day after day after day until they retire. No matter how much you love your job, eventually, you’ll start to dread going to sit at your same boring desk and file the same boring paperwork.
The field of Medicare sales is one that will keep you active, engaged, and interested for decades to come. Every day brings new challenges, whether that be helping a client figure out how to get the coverage they need or hosting a sales meeting with a group of new leads. You’ll never get bored at this job, which will make it one of the best jobs you could ask for.
Become a Medicare Agent
Being a Medicare agent can bring you a ton of advantages. From an effectively unlimited earning potential and rock-solid job stability to flexible work hours and plenty of opportunity for expansion, this career has it all. You’ll be able to live the kind of life you want to, all while helping people through their most difficult moments.
If you’d like to take the first steps towards becoming a Medicare agent, check out the rest of our site at Medicare Training 101. We teach everything from the basics of how Medicare works to sales training. Launch a career that’s as lucrative as it is satisfying.