What To Expect When Working With a Medicare Agent
To understand the quality of the plans offered through online search tools, we also looked at the representation of Medicare Advantage and Part D plans at these online agent sites by star ratings. Overall, the online agent tools we surveyed offer only a limited number of top-rated plans. For instance, in Miami–Dade County, Fla., the online agents offered only three or four of the 10 Medicare Advantage plans with five stars. None of the agents that we surveyed in Summit County, Ohio, or Harris County, Texas, offered the five-star Medicare Advantage plans available in those areas. Therefore, have a wide enough variety in your portfolio so you can serve everyone. That includes not only the high-premium, low-visit-cost crowd but also those who prioritize a low premium over potentially high out-of-pocket expenses. Contract with the big ones first and then shift to their smaller counterparts once you have more experience. A good Medicare FMO will guide you through everything from complian...