With approximately 10,000 individuals in the United States becoming eligible for Medicare each day, finding the right Field Marketing Organization (FMO) to partner with is crucial for achieving success. PSM goes above and beyond to empower independent agents, agencies, and brokers by offering unparalleled insurance products, exceptional back-office support, and a wealth of valuable tools and resources.
Personalized training and development
Access to a network of industry experts
Cutting-edge tools and technology
Exceptional support and services
Customized solutions tailored to your business
A True Partner and Home for Agents
Strong relationships with insurance carriers to provide agents with access to the best products, tools, and support.
Capital infusion and acquisition strategies to help agents expand their business and reach their ultimate goals.
Dedicated service and mentorship from experienced professionals to help agents build a successful business.
Proprietary lead, training, and enrollment platforms to streamline your sales process and business practices.
Compliance oversight to ensure agents are meeting regulatory requirements and operating ethically.
Succession planning and agency building support to help agents plan for the future and achieve long-term success.
A strong community allows us to support, connect, and engage with our agent relationships.
Communication allows us to create and sustain a transparent, efficient, and collaborative partnership.
Accountability allows us to maintain trust, set expectations, and support our diverse agent base.
All of these enable the growth of the agents, and organizations that we proudly serve.
We take pride in providing our agents with high quality senior insurance products that bring a sense of security and peace of mind to the nation's exploding senior population. Our experienced insurance marketing team provides our agents with a robust product portfolio, game-changing technology and unrivaled support.
We look forward to showing you how we can personalize our services to help grow your business.
At PSM, we embrace our guiding principle of 'Doing the Right Thing', which contributes to our outstanding reputation as one of the most approachable FMOs in the country. We tap into the power of our community to equip our agents with the essential resources they need to foster their growth and achieve the goals they're striving for. In simple terms, we invest in the success of our agents, building a relationship that guarantees an unparalleled experience that stands the test of time.
A Field Marketing Organization (FMO) in the context of Medicare serves as an intermediary between insurance carriers and licensed insurance agents or brokers Focusing in Medicare insurance products. The primary focus of a Medicare FMO is to support and assist agents in selling Medicare-related insurance plans, which include Medicare Advantage (Part C) plans, Medicare Prescription Drug Plans (Part D), and Medicare Supplement (Medigap) plans. Here are the key functions and roles of a Medicare FMO:
Product Knowledge: Medicare FMOs provide agents with comprehensive information about various Medicare plans, ensuring they have a deep understanding of the options available to beneficiaries.
Carrier Contracts: FMOs facilitate the contracting process for agents, allowing them to represent multiple insurance carriers. This diversity of carriers gives agents more flexibility and choices to offer their clients.
Education and Training: They offer training programs and resources to keep agents informed about the latest Medicare regulations, compliance requirements, and effective sales strategies. This education helps agents provide accurate and up-to-date information to beneficiaries.
Sales Support: Medicare FMOs often provide marketing materials, lead generation programs, and guidance on effective sales techniques to help agents succeed in the Medicare market.
Commission Management: These organizations assist agents in tracking and managing commissions, ensuring they receive compensation for the sales they make in a timely manner.
Compliance Assistance: FMOs help agents remain compliant with Medicare marketing guidelines and regulations to prevent potential penalties or legal issues stemming from non-compliance.
Client Support: Some Medicare FMOs offer post-enrollment support to beneficiaries, addressing questions or concerns related to their Medicare plans.
Market Insights: They may provide agents with market insights and data that help them make informed decisions and adapt their strategies to changing market dynamics.
In essence, a Medicare FMO serves as a valuable resource and support system for insurance agents, allowing them to serve clients more effectively and provide the information and services required to make informed choices regarding Medicare plans. It benefits both agents and beneficiaries by ensuring a smoother and more informed enrollment process.