Ritter Insurance Marketing, Craig Ritter

CMS Releases Final 2015 Medicare Advantage (MA) and Part D (PDP) Broker Commissions

Below are the figures for 2015. See the increased Maximum Broker Commissions for 2017 here. Looks like the initial commission rates for Medicare advantage are dropping across all states.  The Prescription drug commissions (PDP) are holding steady for another year.  Here is a summary of the commissions by state which are the MAXIMUM CMS…

30 May 14
Posted By:

Highmark Replaces CEO

This just came out this morning from the Pittsburgh Tribune:    

21 May 14
Posted By:

Final Rule is in: 50% Renewal for MA and PDP Remains for 2015!!

Hot off the presses:  http://www.ofr.gov/OFRUpload/OFRData/2014-11734_PI.pdf Haven’t reviewed in full, but the short answer is that MA and PDP companies can continue to pay 50% renewal, NOT the 35% that CMS was proposing. I’ll have more once I’ve reviewed, but I wanted to let everyone know ASAP!!

19 May 14
Posted By:

Medicare Advantage Members Move toward Higher Star Rated Plans

This article comes from Forbes.  Interestingly, in 2011 only 24% of Medicare advantage members were in 4 star or higher rated plans.  In 2014, that percentage is up to 53%.  As lower star rated plans are terminated by the health plans and/or become less competitive relative to higher star rated plans (this will become…

12 May 14
Posted By:

© Ritter Insurance Marketing