A health insurance consultant may advise on employee benefits, offer plan administration and provide compliance documentation. Like brokers, consultants may represent several insurers. The consultant will be involved in your plan throughout the year - not just during the run up to open enrollment.What is a life insurance consultant?
Insurance consultant refers to a person who advises or offers to advise in the area of life and health insurance or property and casualty insurance. Insurance consultant offers his/her service for a particular fee.What is Medicare broker?
Agent Broker Compensation. Below is a link to a file containing the amounts that companies pay independent agents/brokers to sell their Medicare drug and health plans. Companies that contract with Medicare to provide health care coverage or prescription drugs typically use agents/brokers to sell their Medicare plans to Medicare beneficiaries.