Agent Broker Compensation
For example, for 2022, CMS has set the maximum national commission for first-time enrollment in MA at $573 per beneficiary for most parts of the country. In California, however, the maximum first-time commission is $715. For standalone Part D plans, the 2022 maximum national commission for first-time enrollment is $87 and does not vary by region. These commissions are paid when the beneficiary first enrolls in an MA or Part D plan. Additionally, you need to acquire appropriate licenses as required by your state. This can be purchased though most property and casualty agencies as well as many insurance associations. If you would like some specific recommendations for Medicare FMOs, please email me directly and I’ll give you some introductions to Medicare FMOs that I trust. Access to agents all year long, not just during Annual Enrollment Period . Plus, a licensed Medicare agent can help you decide which coverage is best for you based on your needs and budget. This way, you will not ...