receive expert advice at no cost.This might beg the question, “if you are not being paid by clients for your services, how do Medicare agents get paid?” The short answer is Medicare Brokerages are paid via commissions from insurance companies when clients enroll in certain plans. In this blog post, we will talk through how Medicare agents are paid by commission and how we at
Fair Squareseparate ourselves from other Medicare brokerages.
CMS) and work with multiple insurance companies to provide beneficiaries with a range of plan options. A brokerage can provide information and guidance on
Medicare Advantage plans(aka Part C),
Medicare Supplement plans(aka Medigap), and Part D Prescription Drug plans. Medicare brokerages can also assist beneficiaries in comparing plans, understanding plan benefits and costs, and navigating the enrollment process. Brokerages may receive commissions or fees for their services, which can be paid by insurance companies or by beneficiaries themselves. There are plenty of brokerages out there, so you should pick the one that has your best interest in mind.
Fair Square, we separate ourselves from other Medicare brokerages because our agents are commission neutral. This means their compensation is the same no matter which plan you choose. We believe it's better business to get you on the best possible plan that you will want to stay with for many years than to try to make money off of our clients with high-commission plans that they will want to switch in a year or two.
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Virgil Insurance Agency, LLC (DBA Fair Square Medicare) and www.fairsquaremedicare.com are privately owned and operated by Help Button Inc. Medicare supplement insurance plans are not connected with or endorsed by the U.S. government or the federal Medicare program. This is a solicitation of insurance. A licensed agent/producer may contact you. Medicare Supplement insurance is available to those age 65 and older enrolled in Medicare Parts A and B and, in some states, to those under age 65 eligible for Medicare due to disability or End-Stage Renal disease. Virgil Insurance Agency is a licensed and certified representative of Medicare Advantage HMO, HMO SNP, PPO, PPO SNP and PFFS organizations and stand-alone PDP prescription drug plans. Each of the organizations we represent has a Medicare contract. Enrollment in any plan depends on contract renewal. The plans we represent do not discriminate on the basis of race, color, national origin, age, disability, or sex. Plan availability varies by region and state. For a complete list of available plans please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov. © 2022 Help Button Inc
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.