Choosing the right FMO (field marketing organization) is one of the most difficult but essential decisions to make if you are an independent health insurance agent. This decision can either help an agent’s business grow and profit or make life difficult and struggling to make ends meet. But, what is an FMO? And how can you determine which FMO is right for you?
Maybe you found us via web search, trying to find information about FMOs — don’t worry, we’ll explain. Or maybe you’ve long worked in the health insurance industry, but your current FMO just isn’t doing the trick anymore — we’ll explain why we’re the best choice for you, too.
Whatever’s brought you here, we’d love to chat about FMOs: what they are, why agents use them, and why North American Health Plans is the best health insurance FMO for your business.
What’s an FMO and why should you work with one?
An FMO is a field marketing organization that offers insurance products and services to insurance agents or agencies (like us, North American Health Plans). While there are a small number of insurance companies that might be willing to contract directly with agents, the majority of name-brand companies require you to work through an FMO in order to sell their products. Plus, independent agents get to work for their clients, not the insurance companies.
FMOs can also make selling to clients easier than if you were to go it alone. Many offer commission contracts, training opportunities, and technology that makes it easier for you to compare products and plans so you can make the best choice for your clients.
Who is North American Health Plans?
North American Health Plans is considered one of the premier marketing organizations in the country. We have been a national leader in the insurance market since 2005 and offer health insurance agents a one-source solution for carrier contracts and services by partnering with the country’s leading insurance providers. North American Health Plans’ product portfolio is one of the most comprehensive and includes: MedicareAdvantage, Medicare Supplements, Part D, Life Insurance, Hospital Indemnity, Critical Illness Care, Dental/Vision/Hearing, Long Term Care, and Annuities.
Why North American Health Plans?
At North American Health Plans, we offer our health insurance agents exclusive opportunities with national contracting, so you can sell throughout the country. Whether you’re a new agent just starting your career or seasoned in the sector, we will provide you with the level of support you need.
We help train agents on new and exclusive products and teach the best way to market each plan, from short term medical to hospital indemnity. We want our agents to have a deep understanding of their diverse portfolios to find the plan that’s right for their clients needs.
We provide state-of-the-art trainings from some of the industry’s top producers for ongoing professional development throughout your health insurance career. AND, our top producers receive marketing allowances, which enable them to generate leads and boost their business.
We want our agents to thrive because we know when our agents succeed, we succeed.
So, did we answer all of your questions? If you still have questions about our FMO and how we can benefit your business, or if you’re ready to jump in, contact us today!