I haven’t seen much talk about this, but there is a new provision in the Managed Care Manual under Chapter 3 – Marketing Guidelines (click to view manual). If you go to page 153 in section 120.5.4, you will find the following in the third bullet: Plan sponsors should pay compensation in accordance with the structure [...]
Archive for October 27th, 2009
CMS Marketing Guidelines on Agent In Good Standing May Affect Medicare Advantage or Medicare Part D Renewal Commission Payments for Independent Agents
Posted in CMS on October 27, 2009 | 7 Comments »
60 Minutes Reports on Fraud in the Medicare System
Posted in News on October 27, 2009 | 1 Comment »
Here is a link to watch the 60 Minutes report. http://www.fancast.com/tv/60-Minutes/97707/1307867823/60-Minutes%2C-10.25.09/videos The section on Medicare Fraud starts around 2:30 and runs about 14 minutes to 16:30. There are a lot of people who point to Medicare’s low administrative cost as a positive, but $60 Billion/year in fraud is a high price to pay for low [...]
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