417 Insurance & Investments

What 417 Insurance & Investments does

417 Insurance & Investments operates the Wise Medicare Insurance Solutions brand, a private, independent Medicare insurance brokerage headquartered in Springfield, Missouri with a secondary office in Rolla, Missouri. The firm provides no-cost enrollment assistance to Medicare beneficiaries across Medicare Advantage plans, Medicare Supplement (MediGap) plans, Medicare Part D prescription drug plans, and Special Needs Plans (SNPs), sourced through carrier partnerships with Aetna, Anthem BlueCross, United Healthcare, Manhattan Life, and other insurers. Service is delivered by licensed agents (Jeremy Tyler, Angie, Angela, Jennifer, and Gail) via phone-based and in-person consultations, supplemented by a free Medicare Essentials video course, blog content, a twice-monthly newsletter, and radio advertising on KTTR FM. The firm is NABIP-certified and operates as a carrier-compensated brokerage with no consumer fees.

The business model is a classic independent insurance agency commission structure: the brokerage earns carrier commissions on each enrollment and charges clients nothing, eliminating price as a barrier to conversion. Multi-state non-resident producer licenses in Missouri, Arizona, Oklahoma, Texas, Colorado, and Florida broaden the addressable beneficiary pool well beyond the southwest Missouri physical footprint, though the 1-10 employee headcount and absence of disclosed revenue figures indicate a small, locally-rooted operation rather than a scaled platform. The company's competitive positioning rests on multi-carrier comparison, local agent accessibility, and long-tenured client relationships — with one testimonial referencing six years of continuous service and another documenting $360/year in prescription drug savings through annual plan review.

From a technology and operations standpoint, the firm is a low-tech service business: no proprietary platform, no mobile app, no public APIs, no disclosed AI/ML tooling, and no announced digital self-service enrollment product. Marketing relies on traditional channels (radio, email newsletter, educational video) plus word-of-mouth referrals from a satisfied senior client base. Ownership is privately held with no disclosed institutional investors, no parent company, and no M&A activity.

Name

417 Insurance & Investments

Legal name

Wise Medicare Insurance Solutions

Website

https://417medicare.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

417 Insurance & Investments (operating as Wise Medicare Insurance Solutions) is a private, Missouri-based independent Medicare insurance brokerage. It provides free, no-obligation enrollment assistance to Medicare beneficiaries across multiple states via licensed agents, earning commissions from carriers including Aetna, Anthem BlueCross, United Healthcare, and Manhattan Life.

Ownership category

akta.pro rank

Product category

Medicare Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Medigap Marketing, Lead Gen & Compliance (CMS/Do-Not-Call/TPMO) (HLAEADAE)

akta.pro secondary industries

Medicare Supplement (Medigap) Plans (FSAIAGAB), Medicare Advantage (MA) Plans (FSAIAGAA), MA-PD Plans (Medicare Advantage with Prescription Drug Coverage) (FSAIAGAG)

Keywords

• Medicare insurance brokerage
• Medicare Advantage plans
• Medicare Supplement insurance
• Medicare Part D plans
• Retirement planning advisory

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations

Revenue model

1. Insurance Commission Revenue: Wise Medicare earns commissions from insurance carriers (Aetna, Anthem BlueCross, Manhattan Life, United Healthcare, and others) for each Medicare plan enrollment they facilitate. The service is provided at no cost to clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

417 Insurance & Investments (Wise Medicare Insurance Solutions) is a Medicare insurance brokerage that provides no-cost, no-obligation enrollment assistance to Medicare beneficiaries. The firm offers access to Medicare Advantage Plans, Medicare Supplement (MediGap) Plans, Medicare Part D Prescription Drug Plans, and Special Needs Plans from multiple carriers including Aetna, Anthem BlueCross, United Healthcare, and Manhattan Life. Services include a free Medicare Essentials Video Quick-Course and one-on-one consultations with licensed, NABIP-certified agents delivered via phone and in-person at offices in Springfield and Rolla, Missouri.

Product overview

Wise Medicare Insurance Solutions is a Medicare insurance brokerage offering no-cost enrollment assistance for Medicare beneficiaries. The company provides access to multiple insurance carriers (including Aetna, Anthem BlueCross, United Health Care, and Manhattan Life) through its core product portfolio: Medicare Advantage Plans, Medicare Supplement (MediGap) Plans, Medicare Part D Prescription Drug Plans, and Special Needs Plans. The service also includes educational resources such as a Medicare Essentials Video Quick-Course and one-on-one assistance from licensed agents. The company operates on a no-cost, no-obligation model for clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Medicare Advantage Plans

Quantifiable outcome

• Customer saved approximately $30/month ($360/year) on prescription drug coverage through plan optimization

Named customers5 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• AetnacoreChannel Partner/ Reseller/ DistributorInsurance carrier offering Medicare Advantage, Supplement, and prescription drug plans that Wise Medicare presents to clients as part of their multi-carrier comparison approach.
• Anthem BlueCrosscoreChannel Partner/ Reseller/ DistributorMajor health insurance carrier providing Medicare plans that Wise Medicare offers through their brokerage services.
• United HealthcarecoreChannel Partner/ Reseller/ DistributorLarge insurance carrier offering Medicare Advantage and supplement plans available through Wise Medicare's enrollment assistance.
• Manhattan LifeminorChannel Partner/ Reseller/ DistributorInsurance carrier whose Medicare-related products are offered through Wise Medicare's multi-carrier platform.

Recent moves6 records

Expansion highlights8 records

Direct peers

• MedicareFAQ: Independent Medicare insurance agency offering Medigap, Medicare Advantage, and Part D plans via licensed agents. Comparable content-led acquisition and multi-carrier brokerage approach.
• GoHealth: Public Medicare-focused insurance brokerage and lead generation organization operating a proprietary tech platform across multiple states. Comparable multi-carrier Medicare agent-led enrollment model.
• SelectQuote: Public direct-to-consumer insurance brokerage specializing in Medicare Advantage, Supplement, and life products across multiple carriers. Most directly comparable as a multi-state Medicare lead-gen and enrollment platform.
• HealthPlanOne: Health insurance brokerage and lead generation firm with Medicare, individual, and group health offerings via online and call-center channels. Comparable multi-carrier Medicare distribution model.
• eHealth: Public online health insurance marketplace and brokerage offering Medicare Advantage, Supplement, and Part D plans from multiple carriers. Comparable as a multi-carrier Medicare distribution platform.
• Boomer Benefits: Independent Medicare insurance agency specializing in Medicare Supplement, Advantage, and Part D plans with licensed agents across multiple states. Closely comparable niche-focused brokerage business model.

Broad incumbents

• UnitedHealthcare (AARP Medicare): Carrier-direct Medicare Advantage and Supplement offerings from the largest U.S. Medicare insurer. Comparable as a competing distribution channel for the same products Wise Medicare brokers.
• Humana CenterWell: Major Medicare Advantage carrier offering direct enrollment alongside broker channels. Comparable as a vertically integrated competitor in the Medicare Advantage space Wise Medicare serves.

Others

• NABIP (National Association of Benefits and Insurance Professionals): Industry association providing certifications and compliance standards referenced by Wise Medicare. Relevant ecosystem body governing the Medicare broker credentialing standards cited as a credibility signal.

Emerging players

• Chapter Advisory: Tech-enabled Medicare advisory platform that helps beneficiaries compare and enroll in Medicare plans. Comparable in product breadth but differentiated by digital-first experience rather than agent-led consultations.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/417Medicare
• Facebookfacebook.com/417insuranceandinvestments

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 417 Insurance & Investments