WHY YOU NEED A LICENSED INSURANCE AGENT

Medicare Insurance Agents and Brokers can provide information about health plans. What most new beneficiaries don’t realize is working with an agent is free; also, it can save you money, time, and frustration. A Broker knows different carrier guidelines, rate increases, and limitations that you won’t easily find online. A lot of carrier information is just for agents, and the general public doesn’t see all the details. Mostly because this information would be overwhelming and hard to read, every service area has a different rule or guideline, making consistency difficult.

Benefits of Working with Medicare Insurance Agents vs. Working Directly with the Carrier

Unlike carrier agents receiving employment through one company, independent agents aren’t on one company’s payroll.

That means they can focus on helping you get the policy that works best – no matter which company provides you the coverage.

 

 

Get Help Navigating the Medicare Maze

Medicare is full of jargon, similar-sounding plans, deadlines, and hidden costs. If you never dealt with that before, you have a steep learning curve ahead of you. That’s where an agent comes into play.

 

A licensed agent or broker can quickly and efficiently search dozens of plans from different insurers, saving you time. Many enrollees don’t realize that different companies charge different premiums for the same policy.

 

Supplement brokers can help you decide which level of coverage is best for you, based on your needs and budget. They do this every day.

This means a broker can spot issues and can give you advice based on experience. When you contact a reputable broker for a quote, your quote should come without any obligation.

Medigap Underwriting

Each Medigap Plan sets its premium pricing. This means, one Medigap company can charge a higher premium rate than another. Medical underwriting allows companies to determine premium costs, according to the client’s health condition.

Licensed agents work with many different carriers. Agents have the proper tools to determine whether a client
can pass medical underwritingcolor for a specific company.

How Can a Medicare Insurance Broker Help Me

Most people turn to the internet to collect information. Many people start at Medicare.gov; while this is an excellent
source of the basics, more often it prompts even more questions than answers. You start to read about Part C, Part A, Part B, Part D, and all kinds of different enrollment periods. You read about donut holes, not the kind you eat but the kind that cost you a ton of money if you reach that point.

After hours of trying to find out about coverage, you create more confusion than in the beginning.

Ultimately, you conclude that speaking to an expert will be the best thing for you, but who? Your neighbor likes his plan, but is it the best for you? 

 

You can call a company directly, although, will they be completely honest about their competitors.

To speak to your licensed insurance agent
Call (215) 668-2010

https://www.medicarefaq.com/faqs/why-you-need-a-medicare-agent/