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2024 Commissions for MA, PDP and referrals have been announced. We have highlighted the 2024 document changes below. You can review the official CMS notice here. Over the last decade the National rate for MA first year and renewal commissions have increased by 50%.
NOTE: CMS rounded the FMV amounts for CY 2024 up to the nearest dollar. The Initial Year amount is the maximum allowable amount that organizations may pay for enrollments during compensation cycle-year 1. The renewal amount is the maximum allowable amount that organizations may pay for enrollments during compensation cycle-years 2 and beyond, for a like plan type.
The AEP is right around the corner and there are some exciting opportunities on the horizon for 2024. Get prepared early to ensure a successful Annual Enrollment Period. We are here to help! Resources: |
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Medicare Blog | Medicare News | Medicare Information
2024 FMV Medicare Advantage & PDP Commissions Announced
Posted by www.psmbrokerage.com Admin on Thu, Jun 22, 2023 @ 09:32 AM
Tags: Medicare Advantage, Referrals, Medicare Part D, CMS, commissions
