Just in!! CMS to Allow Initial Commissions on Medicare Advantage Plans Replacing Original Medicare and a Stand Alone Prescription Drug Plan!!

Feeds:: Posts; Comments

« Update on Medicare Advantage Commissions (Initial versus Replacement) for Medicare Advantage replacing Original Medicare and a Stand Alone Prescription Drug Plan (PDP)

How Should the Independent Insurance Handle the Medicare Prescription Drug Needs of their Original Medicare or MA-Only PFFS Clients? »

Just in!! CMS to Allow Initial Commissions on Medicare Advantage Plans Replacing Original Medicare and a Stand Alone Prescription Drug Plan!!

July 2, 2009 by Craig

It’s official! CMS announced a few hours ago that they will be REVERSING their prior guidance and ALL 2009 enrollments into Medicare Advantage from Original Medicare and a PDP will be paid INITIAL commission.

CMS will be issuing clarification about the implementation and timing of the new files, but the new guidance on 2009 is 100% clear!

Posted in CMS | 72 Comments

72 Responses

on July 3, 2009 at 8:34 am | Reply Bruce from New Jersey

Craig,

That is great news. Those empty suits in Washington are finally listening to “US GUYS” in the field, that do all the hard work and answer the phone and questions from our clients at 8am and 11pm.
Craig thanks for all your hard work on behalf of all of us.
I hope to meet you face to face and thank you personally.
Have a great 4th.
on July 3, 2009 at 8:25 am | Reply Joe

its truly a HAPPY 4th of JULY!!!!! Thanks for all your work and information!!!
on July 3, 2009 at 3:00 am | Reply Bob

Thanks for everything Craig, You deserve a standing ovation!!
I’m on my feet
on July 2, 2009 at 10:10 pm | Reply Brenda Jo

Incredible, just checking the blog before shutting down for the evening and find this update… Thanks for all of your hard work and constant communications and updates. Also getting late breaking news like this is making your blog ADDICTIVE… and will make my holiday weekend much nicer. Your the BEST!!! Thanks again…
- on July 3, 2009 at 1:26 am | Reply Jackie in NJ
  
  That’s such amazing good news!!!! It still hasn’t sunken in yet. Craig….thank you so much for all your hard work and dedication to this matter. Your daily blogs kept us all informed and up-to-date!! I really appreciate it!!!!!
on July 2, 2009 at 10:02 pm | Reply 2009 Medicare Advantage and Prescription Drug Program Agent and Broker Compensation Refinements and Compensation Rate Adjustment for 2010 « Ritter Insurance Marketing

[...] For agents looking for information on Initial versus Replacement commissions: July 2nd, 2009 UPDATE: Final Guidance is IN!!! [...]
on July 2, 2009 at 10:01 pm | Reply Update on Medicare Advantage Commissions (Initial versus Replacement) for Medicare Advantage replacing Original Medicare and a Stand Alone Prescription Drug Plan (PDP) « Ritter Insurance Marketing

[...] Replacing Original Medicare With a Stand Alone Part D Plan « Ritter Insurance Marketing on Just in!! CMS to Allow Initial Commissions on Medicare Advantage Plans Replacing Original Medicare a…Reports that CMS Files on Initial Broker Commissions for Medicare Advantage Plans Do Not Contain [...]
on July 2, 2009 at 9:59 pm | Reply Final 2009 Medicare Advantage Commission Data is in! « Ritter Insurance Marketing

[...] November 17, 2008 by Craig Editor’s Note: Agent’s Looking for Information on Initial Versus Renewal Commissions Click the following link: July 2nd, 2009 UPDATE: Final Guidance is IN!!! [...]
on July 2, 2009 at 9:58 pm | Reply CMS Replies to My E-mail « Ritter Insurance Marketing

[...] June 22, 2009 by Craig July 2nd, 2009 UPDATE: Final Guidance is IN!!! [...]
on July 2, 2009 at 9:57 pm | Reply BREAKING NEWS regarding Initial versus Renewal Broker Commissions on Medicare Advantage Sales Replacing Original Medicare With a Stand Alone Part D Plan « Ritter Insurance Marketing

[...] June 26, 2009 by Craig July 2nd, 2009 UPDATE: Final Guidance is IN!!! [...]
on July 2, 2009 at 9:56 pm | Reply Reports that CMS Files on Initial Broker Commissions for Medicare Advantage Plans Do Not Contain Those Medicare Beneficiaries Who Previously had Original Medicare and a Stand Alone Part D Plan (PDP) « Ritter Insurance Marketing

[...] June 16, 2009 by Craig July 2nd, 2009 UPDATE: Final Guidance is IN!!! [...]