
What do real estate agents do for health insurance?
In the real estate industry, health insurance or the lack thereof for real estate agents is a big issue.
Many agents struggle to find affordable healthcare, and many brokerages do not offer their agents healthcare benefits. This can be a huge problem for the industry, as agents are the lifeblood of the business.
Without healthcare, agents are at risk for expensive medical bills and long-term health problems.
In this article, we will discuss what real estate agents do for health insurance and how it affects their work. We will also explore some solutions to this problem and discuss how the industry can move forward.
Health insurance for real estate agents: How do real estate professionals get health insurance?

Many real estate agents don’t have health insurance.
According to a research done in 2018, the premiums for health insurance for a self-employed individual, such as a real estate agent, is around $1,500 a month for a family health coverage plan.
Realtor health insurance costs are extremely high.
This makes it extremely difficult for real estate agents to pay for any type of health coverage, especially if they or one of their family members have any pre-existing conditions. Costs for health insurance have been rising so quickly that even brokerages find it difficult to provide their agents with any sort of group discounts or benefits on healthcare.
This is a major issue because if they get sick, then they will have to pay a lot of money up front for their medical costs which can set their lives and businesses back many steps.
Since real estate agents are self-employed, they don’t qualify for group health insurance like people who work at a company.
This means that most real estate agents have to pay for their health insurance premiums out of pocket or go without it completely.
What do real estate agents do for health insurance? Do the national association of realtors offer benefits?

How do real estate agents get health benefits?
There are a few ways that real estate agents can get healthcare benefits.
Agents can also join professional organizations like Realtors® which sometimes offer discounted rates on health insurance plans.
Another option is to purchase an individual health plan through the Affordable Care Act (ACA).
However, these plans can be expensive and many agents choose not to buy them because of the high cost.
The best solution for most real estate agents to get health insurance is to enter into what’s called a “self-funded” plan.
This is where you set up an independent, individual account that will pay for your own healthcare costs.
However, what this means is that you can’t depend on your employer of any sort for coverage. It also means paying up front with money which you had planned on spending elsewhere in your business for investments or advertising necessary to stay competitive as an agent.
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How does the lack of healthcare for real estate agents affect the industry?
The lack of healthcare for real estate agents is a huge issue because it means that many agents are at risk for expensive medical bills.
In addition, if an agent falls ill or needs to take time off from work to recover, they will not be able to get paid during that time since an agent gets paid in commissions and can only provide an income for themselves and their families if they are able to work.
A real estate agent’s financial situation can be very precarious if they do not have health insurance.
The lack of healthcare for real estate agents also affects the industry as a whole.
When agents don’t have health insurance, it makes them less likely to want to start their own business which can lead to a decline of real estate agents in the marketplace.
And since agents are at risk of being in a dire financial situation after a health crisis, they will be operating their businesses with more desperation more income, which can drive real estate agents to act dishonestly or unethically towards their clients, demoting the industry standards.
What are the solutions to the lack of healthcare for real estate agents?
There are a few solutions to the lack of healthcare for real estate agents.
The first solution is that brokerages should offer their agents health insurance benefits.
This would be beneficial for both the agent and the brokerage, as it would make agents more likely to join small brokerages instead of large ones.
This would also help with recruiting and retaining top talent in real estate, which is what every brokerage wants!
Brokers should recognize the value that their agents bring to their business and what an asset they are for them.
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Another solution is for real estate agents to band together and create their own health insurance plan.
This would be difficult but it could be done if a majority of the industry’s agents got on board.
The benefits of this type of plan would be that it would be tailored specifically to meet the needs of real estate agents and it would be much more affordable than what is currently available on the open market.
The last solution is for real estate agents to enter into a self-funded plan.
This option has already been mentioned, but it bears repeating because it is so important for agents to have this safety net in case of an unexpected health emergency.
When agents are self-funded, they are in complete control of their health and what happens to them financially.
This means that they can take as much time off from work as they need without worrying about not getting paid or going into debt.
The lack of healthcare for real estate agents is a big issue in the industry. However, there are solutions to this problem. We hope that these solutions can help real estate agents live their lives with more financial security and peace of mind.
Want to work at a Brokerage that values their agents by providing them with affordable and discounted healthcare plans? Click Below to Learn More About eXp Realty!
Do real estate companies offer health benefits or insurance for real estate agents?
Although some brokerages offer their agents healthcare, this is not the norm in the industry. Most real estate agents do not receive health insurance or other benefits from their brokerages.
It’s common for new agents to be excited about what seems like a great opportunity when they’re recruited by large agencies that promise them things such as healthcare and training, only later realize what these promises entail in actuality: what most companies offer is minimal coverage for a high premium that usually isn’t payable until after an agent has been with the company for a certain amount of time.
Moreover, many insurance companies do not offer group health coverage to real estate agents because their profession is considered “high-risk.” This means that if an agent becomes ill or injured, they will most likely have to pay for their health costs out of pocket.
This can be a difficult task, especially if an agent is not making a high income. In some cases, agents have been forced to sell their businesses or declare bankruptcy in order to pay for medical bills.
The lack of healthcare for real estate agents is a big issue in the industry.
However things are looking up for real estate agents.
The fastest growing real estate brokerage in the world eXp realty provides its agents with health insurance through eXp Agent Healthcare.

eXp Agent Healthcare is a partnership between eXp Realty and Clearwater benefits to provide real estate agents at eXp Realty affordable, discounted, and customizable healthcare plans that protects the real estate agent and their family.
This allows agents to have peace of mind knowing that they are taken care of in case of an unexpected health emergency.
eXp realty also offers its agents other benefits, such as dental and vision insurance.
This allows agents to maintain their health and well-being while they are working hard to grow their businesses.
Clearwater Benefits: What benefits do real estate agents get
Clearwater Benefits is a health insurance brokerage that offers affordable health insurance for real estate agents in partnership with eXp Realty.
On top of health, dental, and vision care policies, Clearwater Benefits also has other other group policies for real estate agents to take advantage of such as:
- Life Insurance
- Disability Insurance
- Long-Term Care Policies
It has been reported that real estate agents who partner with eXp Realty and Clearwater benefits have had savings of up to $10,000 on fixed healthcare expenses and 80% on out of pocket expenses!
eXp Agent Healthcare Offers Low Copays, Zero-Dollar Deductibles and Nationwide Open Network. The healthcare plan offered by eXp realty is one of the best in the industry and it is tailored specifically to meet the needs of real estate agents.
Not only has the eXp Agent Healthcare plan been attractive to individual real estate agents, it has also been a key factor for real estate brokers and brokerage owners as well.
Many real estate brokerages have been moving their entire brokerages of onwards to over 100 agents at a time over to eXp Realty so that they themselves can take advantage of and provide their agents with a healthcare plan.
In 2021 alone, over 600 real estate brokerages decided to move their entire business to and partner with eXp Realty for the opportunity to provide their agents with healthcare options, ownership in the company through stock, the global market share of the revenue share model, and reduce their own liabilities and financial risks.
eXp realty is committed to taking care of its agents and providing them with the resources they need to be successful.
Not only is the eXp Agent Healthcare plan a way for agents to have peace of mind, it has actually proven to help many agents who move over to eXp Realty save money on their monthly healthcare costs.
eXp Realty truly does offer the best health insurance for real estate agents
To learn more about how you can have peace of mind and financial protection as an agent at eXp Realty Click the Button Below!