Lots and lots of client references– ask for them or check YELP or both.Represents at least four standalone Part D prescription drug plans.Represents at least five Medicare Supplement (medigap) plans.Represents at least three Medicare Advantage plans.Here are my best practice suggestions for choosing a local, independent agent: New plans are coming and going every year. Plus, Medicare Advantage and standalone prescription drug plans are contracted on a county by county basis. Chances are good that local agents know your county better: They hear and know what’s going on with local doctors and medical groups e.g.Sutter/ PAMF, SCIPPA, PMG. You are going to need their help over the years because insurance companies have a tendency to bring new plans into the county and close older plans as time goes on.īy local, I mean an agent who is not out of state and not digital (online only). When you find one, treasure that relationship, because good agents get booked up quickly through referrals. However, not every agent is independent and not every independent agent represents a large number of plans. So there is really no incentive to favor one plan over another. Medicare sets the compensation dollar amount and for Medicare Advantage plans, it is the same from insurer to insurer. In fact, they are only compensated when they help you complete an enrollment application for insurance coverage. Local Independent agents do not charge fees, using them does not add to the cost of your insurance. How do Independent Agents Get Compensated? However, these rights do not apply in all circumstances and you should seek a consultation from a competent independent agent before enrolling. When you enroll in a Medicare Advantage plan for the first time, you may have Medicare “trial” protections and additional rights under California law, which could allow you to return to traditional Medicare with supplemental (medigap) coverage.
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