Monday, June 22, 2009

CMS Releases News on Medicare Advantage "True Up" Commissions

Like you, we have been eagerly awaiting the report from CMS regarding the "true-up" of the 2nd half of your Medicare Advantage commissions.

We have just been informed that CMS is now saying that someone who had a stand alone PDP adn enrolled in a MA or MAPD in 2009 would only be considered a "renewal" and not "new business". This means that the agent will not receive the 2nd half of their commission on these clients.

We are working with the carriers to fight this and will keep you posted!

If you have any questions on any of this, please give us a call at 800-689-2800 or email us at charli@smsteam.net.

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