CMS Releases Increased Medicare Advantage and PDP Commission Rates for 2016

newmapd

CMS recently released the new increased Medicare Advantage and Prescription Drug Plan commission rates for 2016.

Medicare Advantage commissions are $429 initial year and $242 renewal.  MA Rates for specific states are as follows:

Connecticut, Pennsylvania, and District of Columbia:  $483 initial year and $242 renewal

California and New Jersey:  $536 initial year and $268 renewal

Puerto Rico and U.S. Virgin Islands: $294 initial year and $147 renewal

PDP rates are $63 initial year and $32 renewal

View the original CMS document by Clicking Here

Posted in Industry News, Legislative News, Medicare Advantage/Part D Prescription