Becker's Healthcare October 9, 2023
The average older adult has dozens of Medicare Advantage plans to choose from, and many turn to brokers to help them make a decision about the best option for them.
Insurers pay commission to brokers enrolling new and returning members in their plans, but in a competitive market, these commissions are climbing too high, Michael Bagel, associate vice president for public policy at the Association of Community Health Plans, told Becker’s.
In September, ACHP sent a letter to congressional leaders, urging them to ask CMS to implement tougher standards on limiting maximum payments to brokers.
In 2009, CMS established maximum amounts health plans can pay brokers — $611 for a new enrollee and $306 for returning enrollees...
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