What Are The Benefits Of Working With An Independent Insurance Broker?
August 6th, 2022
At Turning 65 Medical Plans, we are independent insurance brokers specializing in health insurance and Medicare. But what does it really mean? What are the benefits of working with an health insurance broker for you as a consumer, when navigating your health insurance options?
Independent insurance brokers represent multiple companies
Unlike captive agents who work for only one health insurance company, independent insurance brokers usually represent and work with multiple carriers, offering you a large array of different plans to choose from and providing un-biased advice based on your specific needs.
Saves you time and energy
Doing research and looking at plan options yourself is usually very time consuming. It can also be very confusing to understand the health insurance terminology (deductible, co-pays, co-insurances, MOOP, etc) different plan options (PPO, HMO, Medicare supplement, etc), plan benefit differences, deadlines, enrollment periods, etc. Not to mention that mistakes can be costly. Don’t navigate the maze of health insurance alone. Save time and energy by working with an independent broker.
Be confident you are making the right healthcare decision
Decisions about healthcare are usually very important and shouldn’t be overlooked. However, how can you be sure you are making the right decision without talking to a health insurance professional? Independent insurance brokers are there to answer all your questions and provide guidance and advice, so you can be sure you are choosing the best plan that fits your needs and lifestyle.
They will be there for any future questions or plan change
If you have any questions regarding your plan’s benefits once it becomes effective or after a few months, your independent broker is here to answer any questions you may have down the road, instead of having to call your plan’s carrier directly.
Also, like many things in life, health insurance options keep changing year over year. It’s recommended to revise your options annually, as plans change year over year and new options become available. Your independent broker will be in touch with you throughout the year, but especially during the Annual Enrollment Period (AEP) to see if any of your health needs have changed and share changes and updates that affect your policy or options.
Working with an independent insurance broker is free
That’s right, there is no fee to work with an independent insurance broker. They usually get paid a commission by insurance companies when they sell a policy. There is nothing consumers pay to receive help from brokers.
Now that you know the benefits of working with an independent insurance broker, feel free to contact us with any of your Medicare or health insurance questions. We are here to help.