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Showing posts from October, 2022

Medicare Agents vs Brokers: Pros, Cons, & How To Choose

There are several advocacy organizations, as well as State Health Insurance Assistance Programs, educating people about the entire range of issues facing Medicare beneficiaries. Enhancing these resources, which have no financial stake in plan decisions, is crucial in the existing model where beneficiaries are asked to make consequential trade-offs with imperfect information. Create a Medicare agent marketplace with a performance rating for agents. This could be managed at the state level or federal level but should be standardized across states given that agents may operate in more than one geographic area. If you have preferences, a Medicare broker or agent can zero in on plans that allow you to keep your doctor. You do not need an agent or broker to find the best Medicare coverage for you. But a Medicare agent or broker can help guide you through the often confusing process of finding the best available Medicare plan — or combination of plans — for your needs. The information you...