Medicarebob

There are three main reasons why paying your Medicare Supplement premium by direct bank draft is the preferred way to pay your premium: 1. It saves money. There has to be employees to process the mail and checks that carrier receive in the mail. This means that the carriers need to pay more people and if it costs the carriers money, it costs you money. Carriers like direct bank draft because it saves them money, which in turn, keeps the premiums low. 2. It’s more secure. When sending a check in the mail, there is always the chance for error. Either it gets sent to the wrong place or gets lost completely. Much more people handle the check and have access to your information, which is always risky. By using direct bank draft, only your agent sees your information and it’s put directly into the processing system. 3. No lapse in coverage. Some people still prefer sending their checks in to pay their premium. I will use a real-life experience that happened to a client of mine. In this situation, a husband and w