How do agents and brokers earn compensation in the FFM?

Agents and brokers in the Federally-facilitated Marketplace (FFM) earn compensation primarily through commissions from insurers. This arrangement allows agents and brokers to guide consumers in selecting health plans while being financially supported by the insurance companies whose products they sell. The commissions are typically a percentage of the premiums paid by the policyholders and are set by the insurers.

This compensation structure aligns with the aim of providing consumers with knowledgeable guidance in navigating their options within the Marketplace. Agents and brokers facilitate understanding of the different health plans available, assisting individuals and families in making informed decisions based on their healthcare needs and financial situations.

Other options mentioned, like charging service fees or receiving government subsidies, do not reflect the established compensation model for agents and brokers within the FFM framework. Similarly, while selling additional services may be an aspect of their overall business model, the primary means of earning compensation under the FFM guidelines is through commissions from insurers.