Company steals from their AGENTS! - Agent HealthMarkets Employee Review

1.0
10 Nov 2017
Recommend
CEO approval
Business outlook

Pros

When your new clueless and have never done insurance before they do give you a base of tools to help get you off the ground floor as long as you are willing to put in the work. If you get the right manager they will care and really help you in first 6 months.

Cons

COmmission. Commisison is a joke. I was there for 7 years. I have been independent for 3 years. I don't even like to think about how much money I gave up in that time. The stock program is a joke too. If you took the money you put in it and I would have put it on the market for those 7 years I would have done 10 times better than what the stock did. Fools gold just to justify them stealing from your commissions. At Healthmarkets they take about 50% of first year commissions from you of what you would get if you went to a smaller more independent agency or independent. Second year and beyond is where they really steal from you. They take over 75% of your 2nd year and beyond. That is a joke!!!! Anyone there as an agent who thinks that they make up for it is out of mind crazy dillusional!!!! Lead forward is a joke as well. Great you get lead forward money. Ok your still paying for the leads and most of time lead forward price is more than what you would pay if you just negotiated with one of those vendors yourself. Even if they do contribute some it does not even close to make up how much comp they steal from you. It is honnestly laughable. WHen I go to insurance events and see these clown agents still thinking they are at the best place I just feel bad for them. They are in denial and they don't realize it takes them to write 3 policies to make what I made on 1.

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HealthMarkets Response
8y
Thank you for your review. We're sorry to hear about your experience and we will take it into consideration as we continue to improve. We offer agents an extensive portfolio of products from multiple carriers which help agents diversify their commissions and the opportunity to earn above-market compensation for high performance. We are also proud to provide a full range of capabilities to our agents that independent brokers don’t have access to. We support agents by providing online and classroom training opportunities and mentoring, mobile-friendly technology, a lead matching program, as well as national marketing campaigns and local marketing support. In addition, agents have access to bonuses and incentives, trips and recognition and an equity opportunity.

Explore other reviews about HealthMarkets

5.0
27 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Tons of resources, easily available feedback from superiors, company offers motivating trips if reach sales goals

Cons

No local office to report to, variable schedule, very busy during open enrollment and must renew licenses yearly

1.0
31 May 2026
Recommend
CEO approval
Business outlook

Pros

Good experience learned from this role.

Cons

All commission-based and also charges you for leads.

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