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Majority Of Seniors Independently Shop For Medicare Insurance


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More than half of seniors who are currently enrolled in a Medicare plan worked independently to compare and select their coverage according to a just-completed national study.
The latest survey found that only 44% of individuals between ages 64 and 68 who are currently enrolled in Medicare used an independent insurance agent or broker when shopping for coverage.  Greenwald Research conducted the study in partnership with the American Association for Medicare Supplement Insurance (AAMSI).
Consumers generally fall into three camps when it comes to how they use insurance agents to help compare Medicare options.  Medicare age-ins turning 65 and first eligible for the program as well as early retirees are most likely to seek assistance.  Among consumers currently enrolled in a Medicare plan some 53% of survey respondents did not work directly with a broker.  These individuals worked independently to compare and select coverage. ....

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