Matt Vinez, Medicare Insurance Broker
Matt Vinez
Vinez Benefits Group
Medicare Broker Licensed in MN, FL, IA, OH, SD, TX and WI
Contact Details
-
Location
St. Paul, MN
-
Phone
-
Website
-
LinkedIn
-
Facebook
About Me
Hello! I'm Matt, your trusted Medicare agent in the area. My specialty is Medicare, and I'm passionate about helping you select the ideal plan that caters to your individual needs and budget. I'll efficiently sort through plans from reputable national and local companies, saving you time and effort. Best of all, my services are provided at no cost to you. Give me a call to discuss your Medicare choices and don't forget to mention that you found me on Medicare Agents Hub!
Q&A with Matt Vinez
What do you enjoy most about working with Medicare clients?
Answer: Medicate can feel daunting, and making the "wrong" choice can have devastating consequences. Being able to help solve this puzzle is gratifying, and much easier when looking at it from an outside perspective.
Why are people unhappy with Medicare Advantage plans?
Answer: I see very few people unhappy with Advantage plans, provided they made wise decisions enrolling. Using a local broker costs a client nothing, and can help insure they pick a plan that will work for their needs. The majority of horror stories you hear are people buying directly from a website or hotline, with no local assistance on network or formularies, and then getting stuck.
My pharmacist mentioned the Medicare "donut hole" is going away in 2025. What does that actually mean for me?
Answer: For those who have high priced meds, and typically have high expenses, your coverage got significantly better. Your max RX spend each year will be $2000, assuming everything is on your plan's formulary.
For those with low to mid RX spends, your coverage likely is getting worse. You'll frequently see higher copays, RX deductibles, and higher co-insurance levels. This will cause more of you to hit the $2000 max as well.
Finally, in an effort to contain costs, some carriers opted to move to a direct sale method, rather than selling through local brokers, which could cause a decline in qualify for customer service.
I've heard that once you're on Medicare, you might not need life insurance as much. Is that true?
Answer: Life insurance needs change throughout your life. Life insurance purchased to cover lost income might not be needed as much, but the need would remain the same for a life insurance policy designed for estate planning. Additionally, there can be severe disadvantages to cancelling a policy with a cash value attached to it. Finally, while this may be morbid to consider, your children (or other dependents) might simply want to take over premium payments to keep the policy in effect.