Commission

2024 Maximum Broker Commissions for Medicare Advantage & Medicare Part D

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Medicare Part D Maximum Broker Commissions

Initial commissions increased from $92/member/year to $100/member/year, a 8.7% increase YOY.

Renewal commissions increased from $46/member/year to $50/member/year, a 8.7% increase YOY.

Medicare Advantage Maximum Broker Commissions

These numbers are broken out by state/region.

For CA and NJ, initial MA commissions increased from $750/member/year to $762/member/year, a 1.6% increase YOY. Renewal commissions increased from $375/member/year to $381/member/year, a 1.6% increase.

For CT, PA and DC, initial MA commissions increased from $678/member/year to $689/member/year, a 1.62% increase YOY. Renewal commissions increased from $339/member/year to $345/member/year, a 1.77% increase.

For Puerto Rico and the U.S. Virgin Islands, initial MA commissions increased from $411/member/year to $418/member/year, a 1.7% increase YOY. Renewal commissions increased from $206/member/year to $209/member/year, a 1.46% increase.

In all other states, initial MA commissions increased from $601/member/year to $611/member/year, a 1.66% increase YOY. Renewal commissions increased from $301/member/year to $306/member/year, a 1.66% increase.

Here’s a chart comparing the Medicare maximum broker commissions for 2023 vs. 2024.

Maximum Broker Compensation for 2024
Initial Renewal
Product Region 2023 2024 % 2023 2024 %
MAPD National $601 $611 1.66% $301 $306 1.66%
CT, PA, DC $678 $689 1.62% $339 $345 1.77%
CA, NJ $750 $762 1.6% $375 $381 1.6%
Puerto Rico, U.S. Virgin Islands $411 $418 1.7% $206 $209 1.46%
PDP National $92 $100 8.7% $46 $50 8.7%
(By comparison, Medicare Advantage commission increases ranged from 4.31% to 4.95% for 2023.)

Are you reeling in full CMS commissions?

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Gain your independence today!

Full CMS

Do you want to grow your Medicare insurance business?

Make sure you’re receiving the maximum comp on every sale!

If you’re not getting paid $539 on new cases or $270 on renewals on your Medicare Advantage sales, you’re giving up income that belongs in YOUR pocket. Let us help you work independently and grow your Medicare business!

View CMS Agent Broker Compensation page for a full state-by-state/carrier-by-carrier list

Partner with GarityAdvantage Agencies, a top National Marketing Organization (NMO) offering local, regional and national Medicare carriers.

  • Top Contracts & Full Commissions – own your own book of business
  • AEP & SEP Lead Programs
  • Co-op Marketing Dollars
  • Expert Training
  • Access to Multi-carrier Enrollment Platform
  • Support from a live person when you need it
  • So much more…

GarityAdvantage

Jump in now and give yourself a raise or look back next year at the money you didn’t bring in. With our brand of excellent back office support, you’ll be selling in no time!

Ready to get started? Request a contract today!

Interested, but have some questions? Request a one-on-one appointment with your Territory Manager.

Get Contracted
Contact Trish

Contact me confidentially to review your opportunities today!

Tricia Koteras, CLU
Senior Territory Manager, West Region
720-617-7956 | Email

Who is GarityAdvantage?

GarityAdvantage is a National Marketing Organization (NMO) for the top local, regional and national Medicare carriers. We approach our role with brokers a bit differently than our competitors – as we provide local market teams to work with you side-by-side to ensure you succeed.

GarityAdvantage

This allows us to actively develop targeted lead programs and local market opportunities to help you prospect and sell as well as deliver personalized training, ongoing marketing support and co-op funding to support your specific needs. We also offer the latest tech tools to help manage your business including efficient lead calling tools, agent dashboard and Medicare Select-a-Plan, our virtual quote and enrollment platform. Rounding out our support is a back office team helping you every step of the way with contracting, commissions, enrollments and compliance. Plus, all broker commissions are paid directly to you. You get the whole pie, not just a piece of it! Call us today to learn more or request your contract now.  

 

Reel in Full CMS Commissions

, ,

Gain your independence today!

Full CMS

Do you want to grow your Medicare insurance business?

Make sure you’re receiving the maximum comp on every sale!

If you’re not getting paid $539 on new cases or $270 on renewals
on your Medicare Advantage sales, you’re giving up income that belongs in YOUR pocket. Let us help you work independently and grow your Medicare business!

View CMS Agent Broker Compensation page for a full state-by-state/carrier-by-carrier list

Partner with GarityAdvantage Agencies, the top National Medicare Marketing Organization in the Northeast, to get unparalleled support such as:

GarityAdvantage

Jump in now and give yourself a raise or look back next year at the money you didn’t bring in. With our brand of excellent back office support, you’ll be selling in no time!

Ready to get started? Request a contract today!

Interested, but have some questions? Request a one-on-one appointment with your Territory Manager.

Get Contracted
Request a Call

GarityAdvantage Agencies
800-234-9488

Who is GarityAdvantage?

GarityAdvantage is a National Marketing Organization (NMO) for the top local, regional and national Medicare carriers. We are the only NMO physically located here in New England.


GarityAdvantage

We support our brokers with personalized training, unlimited co-op marketing dollars, no-cost leads during AEP, cutting edge enrollment technology and exceptional support throughout the year. Plus, all broker commissions are paid directly to you. You get the whole pie, not just a piece of it!

 

BIG NEWS! Harvard Pilgrim moving to lifetime commissions for Medicare plans

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More details inside


Lifetime Commissions

TO ALL MEDICARE AGENTS SELLING IN MA, NH and ME:

Effective immediately, Harvard Pilgrim Healthcare (HPHC) is removing the limitations on Medicare commissions for their Medicare Advantage (Stride HMO) and Medicare Supplement plans. They will now pay lifetime commissions on all new and renewal business.

What does this mean?

All broker-driven membership will be subject to unlimited renewal span with payout amounts as outlined by CMS on an annual basis. Typically, the first-year commission is paid in full after enrollment has been confirmed. Renewals will continue to be paid monthly at the prorated amount.
HPHC Broker Compensation document will be updated to reflect the changes.

Brokers contracted through GarityAdvantage will be automatically adjusted to receive the lifetime commission.

Not Contracted?

If you are not currently contracted with HPHC there is no better time to do so!
GET CONTRACTED

Who is GarityAdvantage?

GarityAdvantage is a National Marketing Organization (NMO) for the top local, regional and national Medicare carriers. We are the only NMO physically located here in New England.


GarityAdvantage

We support our brokers with personalized training, unlimited co-op marketing dollars, no-cost leads during AEP and exceptional support throughout the year. Plus, all broker commissions are paid directly to you. You get the whole pie, not just a piece of it!


Medicare Select-a-Plan

Text to Enroll!

This spring, we introduced a virtual quote and enrollment platform — Medicare Select-a-Plan
— to allow our agents to do business in a virtual environment. This powerful sales platform is available to brokers with at least on contract through GarityAdvantage—at no cost to you.

Click here to request a new contract or to move your existing contract under GarityAdvantage.

We look forward to working with you.

Got questions? Call our New England Team at 800-234-9488.

Susan Young

Susan Young

Senior Territory Manager

ME/NH/VT/Upstate NY

Jane Feit

Jane Feit

Territory Manager
MA/RI

Christina Comerford

Christina Comerford

Sales Support Specialist

GarityAdvantage Agencies
800-234-9488

website | email