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Medicare Product Development information

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$42.5K

$127K

$144.5K

How much do medicare product development jobs pay per year?

As of Jul 3, 2026, the average yearly pay for medicare product development in the United States is $126,987.00, according to ZipRecruiter salary data. Most workers in this role earn between $114,500.00 and $143,000.00 per year, depending on experience, location, and employer.

What is the difference between Medicare Product Development vs Medicare Underwriting?

AspectMedicare Product DevelopmentMedicare Underwriting
Primary FocusDesigning and creating new Medicare plans and productsAssessing risk and determining eligibility for Medicare plans
Required SkillsMarket research, product design, regulatory complianceRisk analysis, data evaluation, policy assessment
Work EnvironmentCollaborative teams with marketing, compliance, and actuarial departmentsAnalytical setting, often within insurance or health plans
CertificationsHealth insurance licenses, actuarial credentials (optional)Health insurance licenses, actuarial credentials (optional)

Medicare Product Development focuses on creating new Medicare plans, while Medicare Underwriting evaluates risks and eligibility. Both roles require knowledge of health insurance regulations and may involve similar certifications, but their core responsibilities differ significantly in scope and daily tasks.

What are the key skills and qualifications needed to thrive in Medicare Product Development, and why are they important?

To thrive in Medicare Product Development, you need expertise in healthcare regulations, product management, and data analysis, often supported by a degree in healthcare administration, business, or a related field. Familiarity with CMS guidelines, market research tools, and product lifecycle management systems is typically required. Strong project management, communication, and problem-solving skills help professionals collaborate across teams and address complex regulatory challenges. These skills ensure compliant, competitive, and innovative Medicare products that meet both business objectives and beneficiary needs.

What are some common challenges faced by professionals in Medicare Product Development, and how can they be addressed?

One of the most common challenges in Medicare Product Development is keeping up with frequent regulatory changes and ensuring products remain compliant with CMS guidelines. Additionally, balancing market competitiveness with cost-effectiveness can be complex, as it requires ongoing analysis of competitor offerings and member needs. Success in this role often involves close collaboration with actuarial, compliance, and marketing teams to swiftly adapt to changes and develop innovative products. Staying informed through continuous learning and cross-functional teamwork is key to overcoming these challenges.

What is Medicare Product Development?

Medicare Product Development involves creating, enhancing, and managing health insurance plans specifically designed for Medicare beneficiaries. Professionals in this field analyze market trends, regulatory requirements, and customer needs to design products like Medicare Advantage and Medicare Supplement plans. They collaborate with cross-functional teams such as compliance, marketing, and actuarial departments to ensure products are competitive, compliant, and meet the evolving needs of seniors. Their work helps insurance companies offer attractive and effective health coverage options for people eligible for Medicare.
More about Medicare Product Development jobs
What cities are hiring for Medicare Product Development jobs? Cities with the most Medicare Product Development job openings:
What are the most commonly searched types of Medicare Product Development jobs? The most popular types of Medicare Product Development jobs are:
What states have the most Medicare Product Development jobs? States with the most job openings for Medicare Product Development jobs include:
What job categories do people searching Medicare Product Development jobs look for? The top searched job categories for Medicare Product Development jobs are:
Medicare Product Development jobs near you
Infographic showing various Medicare Product Development job openings in the United States as of June 2026, with employment types broken down into 84% Full Time, 7% Part Time, and 9% Contract. Highlights an 82% In-person, 2% Hybrid, and 16% Remote job distribution, with an average salary of $126,987 per year, or $61.1 per hour.

Medicare Client Executive

Kapnick & Company, Inc.

Ann Arbor, MI • On-site

Full-time

Posted 9 days ago

Job description

Description:

Medicare Sales Representative


Join our dynamic team as a Medicare Sales Representative, where you will play a vital role in expanding our Medicare segment through community engagement, educational outreach, and building meaningful relationships with individuals transitioning into Medicare. At Kapnick, we are committed to delivering exceptional service and fostering long-term client loyalty, all while upholding our core values and maintaining our reputation as a leader in the insurance industry.


Key Responsibilities:

- Achieve new business production goals within the Medicare market, including Medicare Advantage, Medicare Supplement, and Part D plans.

- Develop and maintain a grassroots prospect pipeline through community engagement, networking, and outreach initiatives.

- Educate prospective clients about Medicare options, benefits, and plan features to facilitate informed decision-making.

- Service existing clients to ensure ongoing satisfaction, address questions, and support their changing needs.

- Represent Kapnick Insurance professionally and consistently in the community, reinforcing our brand and core values.

- Collaborate with internal teams to ensure seamless onboarding and ongoing support for new clients.

- Stay informed about industry changes, plan updates, and regulatory requirements affecting Medicare products.




Kapnick is dedicated to fostering a collaborative, inclusive, and growth-oriented environment. We offer competitive compensation, ongoing training, and opportunities for professional development. If you are passionate about helping others and thrive in a community-focused role, we invite you to join our team and contribute to our continued success.

Requirements:

Skills and Qualifications:

- Proven experience in Medicare sales, insurance, or related customer service roles.

- Strong interpersonal and communication skills, with the ability to educate and build trust with clients.

- Knowledge of Medicare plans, regulations, and the healthcare landscape.

- Ability to develop and sustain a prospect pipeline through community involvement and outreach.

- Self-motivated with a results-driven mindset and excellent organizational skills.

- Valid insurance license in relevant states or the ability to obtain one.

- Bachelor's degree or equivalent experience preferred.

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