2024 Maximum Broker Commissions for Medicare Advantage & Medicare Part D
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.
| 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% |
