What’s the difference between a health insurance agent versus a broker?


When it comes to health insurance plans, the terms “agent” and “broker” are often used interchangeably. However, there are some key differences. Take a look below to find out just a few of them.

Health insurance agent

Insurance agents work directly with health insurance companies. In fact, most of them have specific contracts with those companies. Essentially, the company is their boss, not you. They only sell that company’s plans, even if a plan from a different company would be a better fit for the customer.

Health insurance broker

Insurance brokers, on the other hand, are independent agents. They’re not loyal to any one insurer. They usually work with several companies who pay them based on how they sell plans to customers. A broker offers more options than an agent, because they’re knowledgeable about a wider variety of companies and plans.

Call a health insurance broker today

If you’re sure about which health insurance company you want, and you know an agent that sells its plans, feel free to work with that agent. However, if you have questions about different companies, plans and policies, a broker can probably help you better. You could end up with a cheaper plan, or one that offers more value for the same money. Contact a broker today to learn more.