Thursday, June 6, 2013

2014 Medicare Advantage and Part D Maximum Commissions

The CMS (Centers for Medicare and Medicaid Services) has released the maximum commissions a company can pay to an individual producer for Medicare Advantage and PDP for 2014. In some cases, commissions could be less than the amounts released, depending on that specific insurance company’s contract.
Medicare Advantage:
  • National - $425 initial and $213 renewal/replacement
  • Connecticut, Pennsylvania and District of Columbia - $480 initial and $240 renewal/replacement
  • California and New Jersey - $532 initial and $266 renewal/replacement
Part D (PDP’s):
  • All states - $56 initial and $28 renewal/replacement

No comments:

Post a Comment