Medicare Savings
Medicare Savings LLC is a privately-held, Charleston, SC-based licensed insurance brokerage that helps individual Medicare beneficiaries, dual-eligibles, and U.S. employer retirees compare and enroll in Medicare Advantage, Medigap, and Part D plans nationwide via phone, virtual, and partner-supported channels, earning carrier commissions on enrollments.
- Company typePrivate
- Founded2016
- HeadquartersCharleston, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
Medicare Savings firmographics
Firmographics- Name
- Medicare Savings
- Legal name
- Medicare Savings LLC
- Website
- https://medicaresavings.us
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Medicare Savings LLC is a privately-held, Charleston, SC-based licensed insurance brokerage that helps individual Medicare beneficiaries, dual-eligibles, and U.S. employer retirees compare and enroll in Medicare Advantage, Medigap, and Part D plans nationwide via phone, virtual, and partner-supported channels, earning carrier commissions on enrollments.
- Ownership category
- akta.pro rank
Medicare Savings industry classification
Industry- Product category
- Medicare Insurance Brokerage
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321)
- akta.pro primary industry
- Medigap Plan Administration (Enrollment, Billing & Member Services) (HLAEADAC)
- akta.pro secondary industries
- Medicare Supplement (Medigap) Plans (FSAIAGAB), Medicare Advantage (MA) Plans (FSAIAGAA), MA-PD Plans (Medicare Advantage with Prescription Drug Coverage) (FSAIAGAG), Medigap Member Support & Care Navigation (Advocacy/Concierge) (HLAEADAH), Medicare Member Engagement & Care Management (Utilization, Case/Disease Mgmt) (FSAIAGAL)
Keywords
Where Medicare Savings is headquartered
LocationHeadquarters
- HQ city
- Charleston
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Medicare Savings business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Technology or R&D, Operations, Infrastructure
Revenue model
- Insurance Brokerage Commissions: Medicare Savings LLC is a licensed insurance brokerage (operated under parent LIFL LLC) that provides its service at no additional cost to members; revenue is generated via commissions from Medicare Advantage, Medicare Supplement (Medigap), and Part D carriers when members enroll through licensed agents. The site explicitly states Medicare Savings does not represent every available plan.
- Referral Fees: Referral fees paid to/from a Trusted Partner Network of group & P&C agents, financial planners, CPAs, realtors, and other partners who refer clients to Medicare Savings via documented referral forms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | FREE Lifetime Medicare Savings Member Service Support |
Go-to-market motion4 records
Distribution channels7 records
Marketing channels9 records
Medicare Savings product offering
Product offeringCore offering
Medicare Savings LLC is a licensed insurance brokerage that helps Medicare beneficiaries compare and enroll in Medicare Advantage (Part C), Medicare Supplement (Medigap), and Part D prescription drug plans through licensed agents. Service is delivered at no additional cost to members via a FAST-TRACK intake survey followed by phone, in-person (Charleston, SC metro), virtual (WhatsApp/Google Meet), and nationwide partner-channel appointments, and includes lifetime member support with annual plan reviews and live (non-AI) phone assistance.
Product overview
Medicare Savings LLC operates as a single unified non-government Medicare resource platform (not a platform-plus-modules product in the SaaS sense), centered on the FAST-TRACK Help intake flow that feeds into four interlocking service lines for U.S. beneficiaries, U.S. retirees, U.S. employer groups, and Medicare-Medicaid dual-eligibles: the Find Your Benefits Medicare Advantage comparison/enrollment service, the Find Your Savings Medigap and Part D rate-shopping service, the (Coming Soon) Medicare Savings Members mobile App, and the lifetime Medicare Savings Member Support Service. The Trusted Partner Network referral program and Medicare Savings Newsletters round out the offering. All services are delivered by licensed insurance agents across all 50 states, with the Member App and U.S. Employer Group Medicare offering announced but not yet launched at the time of capture.
Differentiator
Problem solved
Functional benefit
Products and services
- Medicare Savings Member Support Service
- FAST-TRACK Help
Companies that use Medicare Savings
Customer profileNamed customers5 records
Ideal customer profiles2 records
Medicare Savings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability1 record
Feature4 records
Medicare Savings partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship, core and minor.
- Medicare BackOffice (MBO)flagshipMedicare Savings has partnered with Medicare Advantage specialist Medicare BackOffice (MBO), based out of Omaha, NE. MBO helps service all 50 U.S. states for Medicare Advantage plans. Beneficiaries are routed to MBO via a direct referral link (medicarebackoffice.com/refer/897) with Michael Fischbach and his email auto-filled for routing. This is the company's primary channel for nationwide Medicare Advantage distribution.
- RetireFlocoreRetireFlo powers Medicare Savings' "FAST-TRACK" intake survey at app.retireflo.com/medicaresavings, which captures beneficiary information before scheduling appointments. Required step for new members; powers the lead capture and qualification process across the website.
- IWG (Regus / HQ)coreMedicare Savings leverages IWG's flexible workspace network (Regus, HQ, and other IWG brands) to offer in-person appointments at any of 1,001 U.S. office locations nationwide, enabling local licensed specialists to meet beneficiaries in their area.
- RingCentralcoreCloud-based VoIP provider for Medicare Savings' phone and SMS communications. Collects and stores caller ID, call recipient number, call duration, call recordings, SMS content, and timestamps; data retained up to 10 years per CMS rules. Includes 2-step password authorization, end-to-end encryption of PHI, and 24-hour breach disclosure.
- Facebook (Medicare Forum & MedicareLive)coreMedicare Savings operates a Lifetime Online Medicare Community via Facebook ("Medicare Forum") and a news/trends page ("MedicareLive") referenced from the Member App page for ongoing engagement and updates.
- YouTube (@michael.c.fischbach)minorFounders' YouTube channel linked from the Member App page for Medicare news, trends, and decision-help videos.
- Senior Pickleball LeagueminorSponsored community partner featured under "Medicare Savings Members Nationwide" on the homepage as a community engagement activity targeting seniors.
- LIFL LLCflagshipLIFL LLC is the parent licensed insurance agency that owns Medicare Savings LLC (per the Privacy Policy). Medicare Savings operates under LIFL's insurance license.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Medicare Savings competitors and assessment
Company assessmentDirect peers
- GoHealth: Health insurance marketplace with a strong Medicare Advantage focus and a similar commission-driven brokerage model. Direct competitor for inbound Medicare shopper traffic and licensed-agent-led enrollment.
- eHealth: Largest publicly traded Medicare insurance marketplace, offering online comparison and enrollment in Medicare Advantage, Medicare Supplement, and Part D plans. Direct head-to-head competitor in the same broker-agent channel with a national consumer brand.
- SelectQuote: Multi-carrier insurance brokerage with a dedicated Senior division focused on Medicare Advantage and Medicare Supplement telesales. Competes directly for the same phone-driven Medicare beneficiary acquisition motion Medicare Savings uses.
- Chapter Advisory: Modern Medicare advisor and brokerage focused on Medigap and Medicare Advantage plan selection, with a tech-enabled recommendation engine. Direct competitor in the 'help beneficiaries choose the right Medicare plan' niche.
- HealthPlanOne: Medicare and individual health insurance brokerage with telesales and online lead capture. Comparable commission-based model and target beneficiary profile.
- Boomer Benefits: Independent Medicare-focused insurance agency specializing in Medicare Supplement, Medicare Advantage, and Part D for baby boomers. Closely comparable small-scale, high-touch brokerage serving the same target demographic.
- Medicare.com: Online Medicare plan comparison and lead-generation site that routes shoppers to licensed agents. Competes for the same online Medicare search demand that Medicare Savings captures via SEO and Google Business listings.
- 65 Incorporated: Medicare advisory firm helping individuals navigate Medicare enrollment, coverage choices, and late-enrollment penalties. Directly comparable service offering for the same beneficiary segment.
Broad incumbents
- Mutual of Omaha: Major Medigap/Medicare Supplement carrier with its own in-house agent channel and telesales operation. Competes indirectly by selling directly to beneficiaries and capturing commission revenue that would otherwise flow to independent brokerages like Medicare Savings.
- UnitedHealthcare (AARP Medicare): Largest Medicare Advantage carrier and a major competitor for both consumer enrollment and the federal/state retiree segments Medicare Savings targets. Broad incumbent whose carrier-direct channels can disintermediate independent brokerages.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Medicare Savings social profiles
Digital presenceMedicare Savings compliance and trust
Trust signalCompliance2 records
Medicare Savings financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medicare Savings leadership team
Management profileNumber of profiles
Profiles1 record
Medicare Savings funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medicare Savings M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medicare Savings
What does Medicare Savings do?
Medicare Savings LLC is a licensed insurance brokerage that helps Medicare beneficiaries compare and enroll in Medicare Advantage (Part C), Medicare Supplement (Medigap), and Part D prescription drug plans through licensed agents. Service is delivered at no additional cost to members via a FAST-TRACK intake survey followed by phone, in-person (Charleston, SC metro), virtual (WhatsApp/Google Meet), and nationwide partner-channel appointments, and includes lifetime member support with annual plan reviews and live (non-AI) phone assistance.
Is Medicare Savings a public or private company?
Medicare Savings is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Medicare Savings founded?
Medicare Savings was founded in 2016. It employs 1 to 10 people.
Where is Medicare Savings based?
Medicare Savings is headquartered in Charleston, United States, in the North America region.
How does Medicare Savings make money?
Two revenue lines are on record. Insurance Brokerage Commissions are the primary driver. The others are referral Fees.
Who are Medicare Savings's main competitors?
Direct peers on record are GoHealth, eHealth, SelectQuote, Chapter Advisory, HealthPlanOne, Boomer Benefits, Medicare.com and 65 Incorporated. Broad incumbents are Mutual of Omaha and UnitedHealthcare (AARP Medicare).
Does Medicare Savings have an API?
No public API is recorded for Medicare Savings.
What industry is Medicare Savings in?
Medicare Savings's product category is Medicare Insurance Brokerage. Its primary akta.pro industry code is HLAEADAC, Medigap Plan Administration (Enrollment, Billing & Member Services), with a secondary code of FSAIAGAB, Medicare Supplement (Medigap) Plans. Its NAICS code is 524292 and its SIC code is 6411.