Medicare - Contracting Overview
Watch this video completely before proceeding:
BE SURE TO FOLLOW EACH STEP IN THE ORDER DESCRIBED BELOW
Step 1: Get AHIP
If you have NOT passed the AHIP exam, you MUST do this first.
Please do NOT move forward with ANY contracting until AHIP is completed!
Click the link below to start the AHIP credentialing process:
Step 2: Financial Fraud, Chargebacks, & Vector-One
Please Read ALL Of The Memo BEFORE Proceeding!
For all new agents, you MUST watch the video below AND read the following memorandum on chargebacks, Vector-One, and the aggressive prosecution of financial fraud before proceeding any further with contracting.
Step 3: Identity Verification
Please click the Berbix logo below to begin the cost-free identify verification process (takes no more than 3 minutes to complete).
NOTE: After you submit your Berbix identify verification request, please continue the process. We will NOT follow up regarding the identity verification results unless there is an issue.
Step 4: Begin Medicare Pre-Contracting
Click the Button below to begin the Medicare Advantage pre-contracting process:
For starting carriers, please watch the following video on carrier selection:
VERY IMPORTANT: Once you complete the pre-contracting, you will receives emails with additional contracting requirements for each carrier.
Please remember to complete those contracting requirements ASAP, and make SURE to check your spam box, as some of those emails end up there.
Any confusion? Reach out to us at apply@elitelifeagency.com
Step 5: Medicare Supplement/Life/Indemnity Carrier Contracting Directions
Here are the steps to successfully complete your carrier contracting below:
• Create your SuranceBay Account (see video below for details).
• Submit appropriate commission levels using the form below.
First, watch the video below on how to setup your SuranceBay Account:
Important Note About Direct Deposit Setup
We are not able to accept starter/convenience checks, deposit slips, or direct deposit forms.
Please submit a voided check with a valid check number, which matches the Account Name, Bank Name, Account Number, and Routing Number in SuranceBay.
If your account does not have checks, please provide a letter from your bank on bank letterhead, signed by a bank officer with their title clearly indicated, stating the bank account owner name, the ABA/Routing number used for direct deposits, and the bank account number and type.
Suggested Carriers To Select
For Medicare Supplement/Life Carriers, choose the following:
• Mutual Of Omaha
• Aetna
For Hospital Indemnity Carriers, choose the following:
• Heartland Life (NOTE: please email apply@elitelifeagency.com to request)
• Guarantee Trust Life
NOTE: Please check the carrier state availability guide here to ensure the suggested.
Getting Stuck Completing Your SuranceBay Account?
If stuck, go ahead and email us (apply@elitelifeagency.com) the email and password you selected on SuranceBay.
We may end up having to log in to get you unstuck, and having your account credentials ahead of time will hasten the process.
NOTE: If you’re stuck with ANY Medicare Advantage contracting, please email us directly at: apply@elitelifeagency.com
VERY IMPORTANT – Do This Task AFTER Submitting Contracting On SuranceBay (NOT Before!)
Once you submit contracting on SuranceBay, you MUST submit commission levels via the form below.
This tells our contracting people what your commission levels are, and alerts them to begin submitting your producer contracts to each carrier.
For Medicare Advantage commissions, see the grid below:
Step 6: Complete The Commissions And Agent Earnings Confirmation Form
NOTE: It takes 2 weeks to fully appoint you AFTER submitting the contracts on SuranceBay.
If there are ANY contracting questions, please reach out to our Medicare contracting team: agentapply@elitelifeagency.com
Step 7: How To Get Carriers Released To Us
Watch the video below, and go to this link here to learn how to get a release of your MA carriers to move to my agency:
Step 8: Sign Up For Our Agent Newsletter
Assuming you have completed Steps 1 through 8, please add your name to the Duford Insurance Group Agent Newsletter list below.
NOTE: Do NOT complete the form below UNTIL you have completed Steps 1 through 8 above.
FINAL STEP: Join Our Medicare Training Site!
Now that you’ve completed contracting, it’s time to get access to our agent-only Medicare sales training material.
Click below to request access!
It usually takes 12 hours or less to authorize your access, so please be patient :)
We look forward to working with you!
Best,
The Elite Life Agency Team
