Medicare Advantage commission rate increases for 2024

Picture of Action Benefits Action Benefits June 26, 2023

Medicare
Medicare Advantage commission rate increases for 2024

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

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Medicare Advantage commission rate increases for 2023

Picture of Action Benefits 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

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