When considering which Medigap plan is right for them, many seniors choose to work with licensed Medicare brokers when considering coverage options. If you need help understanding the basics of Medicare, determining your coverage needs, or weighing prescription drug and Medicare Advantage plan options, your broker can be your best advocate, ally, and advisor.
Here are seven reasons to consider working with an experienced Medicare broker when evaluating Medicare supplemental insurance or Medicare Advantage plans.
1. They Know Their Stuff
Even if you’ve dealt with health insurance coverage your whole adult life, Medicare is a whole new world. If you had group coverage through your employer, you didn’t have much choosing to do, and you likely didn’t face many of the health and financial issues that tend to arise as we get older.
But Medicare involves significant decisions you need to make about the nature and scope of your coverage. Additionally, how Medicare works, what it does and doesn’t cover, and a host of other issues may be entirely foreign to you. An experienced Medicare broker lives and breathes Medicare and can make things clear for you so that you can make informed choices.
2. Providing You With Options and Objective Analysis
Medicare brokers usually work with several different Medigap and Medicare Advantage carriers and are not beholden to any single company. That means they can offer you a host of coverage options and provide you with objective guidance based on what plan or carrier is best for you, not what is best for them.
3. Their Services Won’t Cost You Anything
You won’t need to pay an independent broker any kind of fee, nor will the cost of your coverage go up because you used a broker instead of purchasing coverage on your own. The rates your broker quotes you will already have taken into consideration the broker’s commission, so your out-of-pocket costs will be the same.
4. Independent Medicare Brokers Are Qualified and Licensed
Not just anyone can hang up a sign or set up a website and call themselves a Medicare broker. Before a broker can offer a single plan or provides services to an individual client, agents obtain and maintain a professional license. This means they must have the education, knowledge, and experience to assist clients with coverage, including many hours of required professional education each year.
5. You’ll save a lot of time.
Do you really want to spend your time going through hundreds of different Medigap plans and hundreds of pages of insurance documents instead of enjoying your retirement? If the answer is no, you should consider meeting with a Medicare broker who can do all of the legwork for you.
Contact Every Way Health To Learn More About Medigap Coverage
If you need assistance in choosing the Medicare supplemental insurance plan that’s best for you, please get in touch with Every Way Health at 877-460-3943.