How to Tell If Your Insurance Agent is a Healthcare Expert

Signs that your insurance agent is an expert in healthcare.

If you are attempting to secure insurance for your healthcare business, then you know just how complicated the process can be.  This is why you need a good agent to walk you through the process.  However, some insurance agents are not well-versed in the insurance needs of healthcare companies.  To ensure that you are not trusting the advice from an unqualified source, look for these signs that your insurance agent in an expert in healthcare.

  • Experience

The first thing that you should determine is whether your agent has experience working with other healthcare companies and providers.  While your agent might be a commercial insurance expert, this does not necessarily mean that they have experience underwriting for companies that provide medical services.  Because healthcare companies work directly with patients and are directly responsible for their wellbeing, they assume a considerable amount of risk.  An experienced healthcare insurance agent will understand the nuances of the profession and will be well-versed in the common risks that those in the industry face.  Ask your agent about the other healthcare companies they have worked with and search for client reviews and testimonials.  A good agent will have considerable experience and positive reviews from their clients.

  • Certification

Reputable agents will have the necessary licensing and certifications.  While each state has different requirements for insurance agents, your agent needs to meet your state’s qualifications.  Please keep in mind that simply meeting basic requirements isn’t enough.  A good healthcare insurance agent will also continue their education to ensure that they are on top of all the latest insurance laws, healthcare trends, and so on.

  • Trustworthiness

Because your company relies on your insurance for financial protection in serious situations, it’s vital that you and your agent have a relationship based on trust and communication.  If at any time you feel like your agent does not have your best interests in mind, then you should find a new representative.  Even if an agent has extensive experience and all the necessary requirements, this means very little if you cannot trust them to have your back.

Look out for these signs that your insurance agent in an expert in healthcare.  Are you looking for the right insurance provider to assist you with your healthcare company’s insurance needs?  If so, then contact the experts at PMC Insurance Group today.

By PMC Insurance Group

Since 1996, PMC Insurance Group has worked to help independent agents grow their client base by offering workers' compensation solutions for a wide array of businesses. As one of the most distinguished workers' compensation wholesalers in the country, we have the tools and resources to help you create coverage programs for both small businesses and large accounts.