CSM has raised maximum broker commissions for Medicare Advantage and Medicare Part D initial enrollments, 5 years in a row. Get excited, you’re getting a raise!
Medicare Part D Maximum Broker Commissions
Initial commissions increased from $74/member/year to $78/member/year, a 5.40% increase YOY.
Medicare Advantage Maximum Broker Commissions
In Most states, initial MA commissions increase from $482/member/year to $510/member/year, a 5.80% increase YOY.
Renewal commissions increased from $241/member/year to $255/member/year, a 5.80% increase.
Initial | Renewal | ||||||
Product | Region | 2019 | 2020 | % | 2019 | 2020 | % |
MAPD | National | $482 | $510 | 5.80% | $241 | $255 | 5.80% |
CT, PA, DC | $542 | $574 | 5.90% | $271 | $287 | 5.90% | |
CA, NJ | $601 | $636 | 5.82% | $301 | $318 | 5.64% | |
Puerto Rico, U.S. Virgin Islands | $331 | $350 | 5.74% | $166 | $175 | 5.42% | |
PDP | National | $74 | $78 | 5.40% | $37 | $39 | 5.40% |