Medicare Advantage and Prescription Drug Plans Commissions announced for the 2022 Plan Year have been announced. CMS released the amounts that companies may pay to agents and brokers who sell their Medicare drug and health plans.
MAPD
- National states, initial MA commissions increased by 6.3%
- National states, renewal commissions increased by 6.3%
PDP
- Initial commissions increased by a 7.4%
- Renewal commissions increased 7.3%
FMV History since 2015 plan year:
Medicare Advantage & PDP Fair Market Value Compensation History (Initial/Renewal) | |||||
---|---|---|---|---|---|
Year | National | CT, PA, DC | CA, NJ | PR | PDP |
2015 | 408/204 | 461/230 | 510/255 | 280/140 | 56/28 |
2016 | 429/215 | 483/242 | 536/268 | 294/147 | 63/32 |
2017 | 443/222 | 498/249 | 553/277 | 304/152 | 71/36 |
2018 | 455/228 | 511/256 | 567/284 | 312/156 | 72/36 |
2019 | 482/241 | 542/271 | 601/301 | 331/166 | 74/37 |
2020 | 510/255 | 574/287 | 636/318 | 350/175 | 78/39 |
2021 | 539/270 | 607/304 | 672/336 | 370/185 | 81/41 |
2022 | 573/287 | 646/323 | 715/358 | 394/197 | 87/44 |