На скорую руку, не описывая переменные как-то так:
X++:
Sub Test()
Set COMAppl = CreateObject("Word.Application")
COMAppl.Visible = True
Set COMDocuments = COMAppl.documents
Set COMDocument = COMDocuments.Add("E:\data\222.dot")
Set COMBookmarks = COMDocument.bookmarks
Set COMBookmark = COMBookmarks.Item("label")
Set COMrange = COMBookmark.Range
COMrange.InsertAfter "label"
End Sub