UBC News

Making Medicare Easier to Understand: How AI Is Helping Behind the Scenes

Episode Summary

Discover how MedicarePlans.com, recently featured in Inc., is using AI-assisted technology to simplify Medicare research. Explore new tools being developed to compare local Medicare plans, understand medical and prescription costs, and find licensed insurance agents—all designed to help beneficiaries make more informed coverage decisions.

Episode Notes

Choosing a Medicare plan shouldn't require becoming an insurance expert.

But comparing coverage can be surprisingly difficult. Plans vary by location, medical expenses aren't always easy to calculate, and prescription costs can change depending on the pharmacy you use.

MedicarePlans.com is developing new tools to make that research easier.

Consider outpatient surgery. One Medicare Advantage plan might charge a $300 copayment. Another might charge 20% coinsurance.

But 20% of what?

Without knowing the amount that percentage applies to, it's difficult to compare the two plans.

That's one problem MedicarePlans.com is working to solve: organizing published Medicare benefits into clearer comparisons, including estimated expenses where reliable information is available.

Prescription costs present another challenge.

The company is developing tools that will help beneficiaries investigate medication expenses across Medicare plans and participating pharmacies. Planned features include comparisons for commonly prescribed medications and personalized prescription lookups.

There's also the question of finding help.

A new local agent directory is being developed to connect beneficiaries with licensed Medicare insurance professionals serving their communities, including information about carrier appointments where verified.

So where does artificial intelligence fit into all this?

Behind the scenes.

MedicarePlans.com uses AI-assisted programming, research, and data processing to build its publishing technology. Beneficiaries won't need to interact with an AI chatbot. They'll use familiar tools: plan directories, comparison tables, prescription searches, and local agent listings.

The company's independent, bootstrapped development approach was recently featured in Inc., highlighting how AI can help a small organization build sophisticated technology without outside investors.

The goal isn't to replace official Medicare information or professional advice.

It's to make that information easier to understand and use.

Because choosing Medicare coverage comes down to three important questions:

What's available where I live?

What might my medical care and prescriptions cost?

And who can help me understand my options?

That's the research experience MedicarePlans.com is working to build.

Learn more at MedicarePlans.com. David Bynon City: Bullhead City Address: 1800 Club House Drive #93 Website: https://davidbynon.com