Running an independent pharmacy comes with its fair share of challenges. From navigating complicated PBM models to rising operational costs, the road to profitability can feel like an uphill battle. But what if there were a way to not only boost your revenue but also strengthen relationships with your patients?
At Waypoint, we’re helping independent pharmacies achieve just that by starting Medicare Insurance Agencies. It’s a game-changing opportunity to diversify your income, keep patients loyal, and make a meaningful impact in your community.
Why Medicare Insurance Agencies Are a Smart Move
If you’ve ever referred a patient to an insurance agent to help them choose a Medicare plan, you know the drill. The agent gets the commission, and you’re left wondering why that revenue didn’t stay in your pharmacy. Starting a Medicare Insurance Agency allows you to change the game.
Benefits for Your Pharmacy:
- New Revenue Streams
Earn commissions every time you enroll a patient in a plan. - Increased Patient Loyalty
Patients who trust you for both their prescriptions and insurance needs are more likely to stay with your pharmacy. - A Competitive Edge
Offering Medicare guidance sets you apart from big-box competitors.
How It Works
Starting a Medicare Insurance Agency might sound like a lot of work, but Waypoint makes it simple. We provide the tools, training, and support you need to hit the ground running.
1. Training and Certification
We guide you through the licensing and certification process so you can offer Medicare plans confidently.
2. Seamless Integration
Adding Medicare services to your pharmacy’s offerings is easy. Our team helps you integrate this new service without disrupting your existing operations.
3. Ongoing Support
From marketing materials to compliance assistance, we’re with you every step of the way.
Visit our Medicare Insurance Agency page to learn more about how we help independent pharmacies get started.
Building Relationships That Last
Patients trust their pharmacists more than they trust most other healthcare providers. By offering Medicare services, you’re not just filling prescriptions—you’re becoming a one-stop shop for their healthcare needs.
The Loyalty Factor
When patients rely on you to navigate the complexities of Medicare, they’re more likely to stick with your pharmacy. This strengthens your relationship and keeps your business top-of-mind.
The Community Connection
By helping patients choose the right Medicare plan, you’re doing more than making a sale—you’re providing a valuable service that can improve their quality of life.
Real-Life Success Stories
Pharmacists who’ve started Medicare Insurance Agencies are already seeing the benefits. Take Rebecca Reed from Reed Family Pharmacy, for example.
Rebecca’s Story:
“Before starting my agency, another agent was earning commissions every time I referred a patient for Medicare enrollment. I thought, ‘Why not me?’ Now, I’m building an insurance portfolio and a new bank account that doesn’t rely on DIR fees.”
Stories like Rebecca’s showcase how powerful this opportunity can be. Learn more about the success stories of our clients.
A Win-Win for Patients and Pharmacies
Helping patients choose the right Medicare plan is more than just a revenue opportunity—it’s a chance to make a difference.
Patient Benefits:
- Guidance They Can Trust
Patients trust you to help them understand their options and choose a plan that meets their needs. - Convenience
No need to visit multiple offices—patients can handle everything right at your pharmacy. - Peace of Mind
With your help, patients can rest easy knowing they’ve made the best choice for their healthcare coverage.
Why Waypoint?
At Waypoint, we specialize in helping independent pharmacies expand their offerings and thrive in a competitive market.
Here’s What We Provide:
- Expert Training: We’ll guide you through every step of the process.
- Marketing Support: Get the tools you need to promote your Medicare services effectively.
- Compliance Assistance: Stay on top of licensing and regulations with our ongoing support.
Unlock New Revenue Streams Today
If you’re ready to diversify your income, deepen patient relationships, and set your pharmacy apart, starting a Medicare Insurance Agency is the way to go. With Waypoint’s expertise and support, you’ll have everything you need to succeed.
Visit our homepage or contact us today to learn how we can help you get started.
