Fair Square Medicare utilizes a personalized consultation process to analyze seniors' healthcare needs and match them with suitable Medicare plans, including Medigap and Medicare Advantage options. The service is free and ensures clients receive optimal coverage by reshopping their plans annually to maintain the best value and fit for their evolving healthcare requirements.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Navigating the complexities of Medicare plans can be overwhelming for seniors, leading to suboptimal coverage and missed opportunities for cost savings. Traditional Medicare brokers may prioritize their own commissions over matching clients with the most suitable plan for their individual healthcare needs and preferences. This can result in seniors paying more than necessary or lacking adequate coverage for their specific medical requirements.
Solution
Fair Square Medicare offers a personalized advisory service that helps seniors navigate the Medicare landscape and select the optimal plan for their needs. Their advisors conduct in-depth consultations to understand each client's medical requirements, prescription drugs, preferred doctors, and lifestyle. By analyzing hundreds of plans, including Medicare Advantage and Medigap options, Fair Square Medicare identifies the best coverage at the most competitive price. Furthermore, they proactively reshop plans annually to ensure clients continue to receive the best value and coverage as their healthcare needs evolve.
Target Audience
Fair Square Medicare primarily serves seniors who are eligible for Medicare and seeking guidance in selecting the most appropriate and cost-effective plan for their individual healthcare needs.
Features
- Personalized consultation to assess individual healthcare needs and preferences
- Comprehensive analysis of available Medicare plans, including Medicare Advantage and Medigap options
- Identification of plans that cover specific doctors, prescriptions, and pharmacies
- Annual reshopping of coverage to ensure ongoing value and optimal coverage
- Objective recommendations, prioritizing client needs over broker commissions
- Confirmation of enrollment with the chosen Medicare plan