Medicare Advantage commission rate increases for 2024

Picture of Action Benefits Action Benefits Jun 26, 2023

Medicare

CMS has announced compensation and referral/finder fees for the 2024 contract year. The amounts are as follows:

		Initial		Renewal
Plan	Region	2024	2023	2024	2023
Medicare Advantage	National	$611	$601	$306	$301
	Connecticut, Pennsylvania, District of Columbia	$689	$678	$345	$339
	California, New Jersey	$762	$750	$381	$375
	Puerto Rico, US Virgin Islands	$418	$411	$209	$206
Prescription Drug	National	$100	$92	$50	$46

Referral fees remain unchanged at $100 for MA plans and $25 for PDPs.

Medicare Advantage commission rate increases for 2023

Action Benefits : Jun 10, 2022

CMS has announced compensation and referral/finder fees for the 2023 contract year. The amounts are as follows: Initial Renewal Plan

Medicare

2 min read

CMS publishes the 2025 Medicare final rule: What health insurance agents need to know right now

Action Benefits : Apr 05, 2024

Last November, CMS caused quite a stir when it released its proposed rule for 2025. Much of the hullaballoo was about agent and broker compensation....

Medicare

2 min read

Original Medicare, mental health and substance use disorders

Action Benefits : Feb 06, 2023

Mental health concerns and substance use disorders have spiked during the pandemic. Congress and the Biden administration have taken a number of...

Medicare