Becker's Healthcare November 6, 2023
CMS is proposing a set of new Medicare Advantage rules, including new standards that would impose more limits on plans’ payments to brokers and limit the role of third-party marketers.
According to a Nov. 6 news release from CMS, the new rules would standardize payments that plans are allowed to make to brokers, which many Medicare beneficiaries rely on to help them choose their plan. According to CMS, the current system advantages larger insurers, which can afford to pay brokers more in bonuses for enrolling members in their plans.
“People with Medicare deserve to have accurate and unbiased information when they make important decisions about their health coverage,” CMS Administrator Chiquita Brooks-LaSure said in a news release. “Today’s...