Why Medicare Beneficiaries Should Work with a Licensed Insurance Broker
When it’s time to choose your Medicare coverage, the support you receive can make all the difference.
While both licensed insurance agents and licensed insurance brokers can help you enroll, the latter can often provide broader, more informed guidance — increasing the likelihood you find the plan option to meet your specific needs.
Here’s why working with a Medicare insurance broker can make your Medicare journey easier and more cost-effective.
What’s the Difference Between a Licensed Insurance Agent and a Licensed Insurance Broker?
- A licensed insurance agent typically represents one insurance company and can only enroll beneficiaries into that company’s plans.
- A licensed insurance broker is independent and works with multiple insurance companies — giving you more choices and a more personalized fit.
✅ Key Advantage: Licensed Insurance Brokers work for you, not the insurance companies.
👉 Need help understanding your Medicare options? Start with our Guide to the Four Parts of Medicare!
5 Reasons to Choose a Licensed Health Insurance Broker Over a Single-Agent
1. More Plan Options
Many Licensed Insurance Brokers have access to a wide range of plans from different insurance companies — including Medicare Advantage, Medicare Supplement (Medigap), and Part D drug plans..
More options mean a higher chance of finding the ideal plan for your healthcare needs and budget.
Timothy Gibson works with 17 companies that offer Medicare Supplements, Medicare Advantage, or Prescription Drug Plans (PDP’s – Medicare Part D) plans in the state of Florida.
👉 Review Medicare Advantage vs Medigap to see which path may be more ideal for you.
2.Recommendations
Because licensed insurance brokers aren’t tied to one company, they can recommend the ideal plan from multiple companies based on:
- Your doctors and hospitals
- Your prescription drug needs
- Your preferred healthcare network
- Your financial situation
No pressure, no hidden agenda — just what’s ideal for you.
3. Ongoing Support
A good licensed insurance broker will:
- Help you review your coverage annually during the Annual Enrollment Period (AEP)
- Notify you of plan changes or better options
- Provide support for you if you experience issues with your plan
📆 Stay on top of your coverage with our Key Medicare Deadlines resource.
4.Knowledge Across Multiple Carriers
A solid licensed insurance broker should be familiar with the network options and benefits of multiple insurers I your plan area, so they can:
- Spot changes in network coverage
- Identify plans with prescription drug coverage
- Recognize hidden costs that may not be obvious up front
This deep market knowledge helps to protect you from unpleasant surprises later.
5.No Extra Cost to You
Licensed insurance brokers are paid by the insurance companies, not by you.
Whether you work with one or go directly to a company, your plan costs the same — so why not benefit from personalized, knowledgeable advice at no extra charge?
Questions to Ask a Licensed Insurance Broker Before You Sign Up
- How many insurance companies do you represent? Currently, I represent 17 Medicare Part C and Part D plan organizations in Central Florida.
- Will you help me review my coverage annually? I most definitely will! I will call and send an email inviting you to schedule a time during the Annual Enrollment Period to review your current plan’s changes and make changes only if appropriate.
- How do you stay updated on Medicare and plan changes? I stay updated by actively reviewing news from trusted publications, information from carriers and other industry professionals, and routinely viewing notices of change and any other plan specific information as it becomes available.
- Are you licensed? I am a licensed insurance broker. You can verify my license and appointments with the state of Florida here: https://licenseesearch.fldfs.com/Licensee/906949.
Choosing a Licensed insurance Broker Means Choosing Confidence
Making sense of Medicare can be overwhelming — but you don’t have to do it alone.
When you work with an independent licensed insurance broker, you get knowledgeable guidance, ensuring you understand all your choices and helping to avoid costly mistakes.
✅ Ready to Find Your Licensed Insurance Broker?
You deserve Medicare guidance that puts your needs first.
Timothy Gibson is ready to help you review your options, choose coverage that maximizes your healthcare needs, and feel confident about your coverage choices.
👉 Schedule Your Free Medicare Plan Consultation Today!
No cost. No pressure. Just knowledgeable advice tailored to you.