Agents and brokers are insurance professionals who are trained and licensed to sell insurance plans in Minnesota. Only those who have been trained and certified by MNsure are able to represent those plans available to you through SHOP. These MNsure-certified experts can help you:
To understand the plans available to you, the coverage they offer, and the costs
To determine if you qualify for employer tax credits
To define your roster of employees being offered coverage
To complete your application(s) on your behalf
With ongoing support throughout the policy coverage year
Certified brokers must be appointed by insurance companies that offer qualified health plans through MNsure; this means that in addition to meeting MNsure certification requirements, they have also met insurance company-specific training requirements on benefits and rating.
The cost of using a broker is built in to the premium tax rates for small group insurance, both in and outside of MNsure. It doesn't cost an employer anything to utilize the services of a broker. The broker will help you to select the best plan(s) for your business - ensuring you're getting the best coverage you can afford for the needs of your employees and your business. We encourage employers to take full advantage of this service.
Brokers not only help the employer, but they are also available to help employees choose the best health coverage available for the employee and his/her dependents.