What Are the Benefits of Working with a Broker for Your Medicare Benefits?

When it’s time to sign up for Medicare, should you take a DIY approach or talk to an insurance broker? As you start learning more about coverage and the different types of plans that are available, it can be overwhelming to navigate your options.

The Initial Enrollment Period is a critical time because you have a short period when you can sign up for Medicare coverage. Instead of making a mistake with a DIY approach, a better solution is to talk to an insurance broker about your individual needs.

What Is a Medicare Broker?

Original Medicare doesn’t cover everything you need for healthcare services later in life. But there are options to sign up for private insurance, and Medicare will cover most of the costs for these plans.

A Medicare broker is a professional who partners with different insurance companies. So, when working with a broker, you have various options to choose from various policies that meet Medicare requirements.

How a Medicare Broker Can Help

There are undeniable benefits to working with a broker when you are choosing a Medicare plan. This broker (or agent) discusses your unique needs to understand the type of coverage that is necessary. Then, they can help you narrow down the different insurance options, helping you select the ideal healthcare coverage for retirement.

Not only will your broker ask questions about your health goals, but they will address your budget to ensure the monthly premiums fit your financial constraints. Additionally, these plans offer extra services that aren’t available through Original Medicare, such as dental, vision, and prescription medications.

Finally, when you’ve chosen the right Medicare plan, your broker can assist with the enrollment. You can always follow up with the broker each year to review your Medicare coverage and determine if you should change plans in the New Year. Medicare offers an annual open enrollment period when you can make these changes.

Compare Medicare Plans to Find the Right Fit

Active Medicare Solutions is here to help when you need assistance with selecting the ideal Medicare plan. We offer a personalized approach to addressing your unique needs for healthcare coverage in retirement. There are many different types of plans available, which is why it’s helpful to talk to an insurance broker before you sign up for Medicare.

We can assist if your Initial Enrollment Period is coming up or if you want to change plans during the Open Enrollment Period. Call our pro team at (804) 874-6000.

Ready to discuss your needs? Contact us today!

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