Medicare Agents vs Brokers: Pros, Cons, & How To Choose
Agents representing Medicare plans can’t ask for your personal information over the phone unless it’s to verify membership, determine eligibility, or submit an enrollment application. Further, an agent can’t offer you cash or gifts worth more than $15 to join their plan. An out-of-state agent will provide the same service if they have a license in your state. So, there’s no reason you need to travel anywhere to see an agent, and there is no reason they would need to come to your house to help you with your coverage. It’s easier, faster, and more convenient for them to help you enroll in Medicare over the phone and/or online. You start to read about Part C, Part A, Part B, Part D, and all kinds of different enrollment periods that come with Medicare. A Medicare Supplement insurance agent can help you make sense of your options in relation to how Medicare functions. When you work together, you can use this information and their medicare agent expertise to pick the best combination o...