It is critical that advisors be fairly compensated for their work when they help clients enroll in health insurance coverage to protect their families. The commission earned compensates advisors for the sale of a vital product and for providing valuable and informed services to their clients. It is unfortunate that advisors who are not compensated may simply be forced to forgo selling health policies in the individual market, leaving consumers without any guidance from an experienced, licensed advisor.
Advisors cannot be expected to provide services free of charge. It is imperative that commission levels are maintained for the benefit of both consumers and advisors and harmful decisions to reduce or eliminate commissions must be reversed.
The foundation of his work philosophy is reflected in the following:
“My company is dedicated to providing prompt service and assistance in the areas of employee benefit design, consultation, implementation, related business insurance needs and estate planning for business owners and key executives.”
Hyatt is a graduate of Carroll College in Helena, Mt., earning a Bachelor’s Degree in general business. Hyatt and his wife, Belen, have four children. His activities in the insurance industry include having served as President for both the local and state Insurance and Financial Advisors Association. He is a past board member of the National Association of Health Insurance Advisors, and currently chairs a national committee for the Insurance and Financial Advisors Association. Currently, Hyatt is the Chairman of the Board of the Idaho Small Employer Reinsurance and Individual High Risk Reinsurance Pool for the State of Idaho. He also serves as a board member of the Idaho Exchange “Your Health Idaho” These activities, coupled with Hyatt’s commitment to serving his clientele in the ever-changing benefits arena, have made him an invaluable resource.
Through a consummate desire to provide exemplary service and a reputation for integrity, Hyatt has been recognized by his peers with the receipt of The Presidents Achievement Award, The Glennon Award, The Rankin Award and Isern Award.
Hyatt would welcome the opportunity to work with your organization.
Latest posts by Hyatt Erstad (see all)
- Elimination of Commission Payments in Health Markets - April 22, 2016
- As ACA Co-Ops Go Under, Advisors Are Left in the Lurch - January 21, 2016
- Employee Benefits Change or Not? - October 26, 2015