CMS has approved the 2018 commissions for Medicare Advantage and Part D, and they are better than ever! Compensation for 2018 Medicare Advantage plans will be $455 for the initial year and $228 for renewal years (compared to $433 initial and $226 renewals in 2017)! *Excluding PA, CT, DC, CA and NJ.
Compensation for Prescription Drug Plans will also increase from $71 (initial) to $72. PDP commissions for renewal years will remain the same ($36).
*PA, CT, and DC 2018 Medicare Advantage Commissions are now $511 (initial) and $256 (renewals).
*CA and NJ 2018 Medicare Advantage Commissions are now $567 (initial) and $284 (renewals).