2023 Medicare Commission Schedules & Bonuses

Increased Max Broker Commissions:
CMS has increased the maximum broker commissions for both Medicare Advantage and Part D initial enrollments and continued the growth of maximum Medicare broker commissions for 2023 renewals.

Disclaimer:

The commission schedules provided below are for informational purposes only and are subject to change at any time by the insurance companies. Please see your producer agreement with the respective insurance company for full details.

2023 Medicare Part D Maximum Commissions

  • Initial commissions increased from $87/member/year to $92/member/year, a 5.75 percent increase YOY.
  • Renewal commissions increased from $44/member/year to $46/member/year, a 4.55 percent increase YOY.
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Medicare Advantage Maximum Broker Commissions

  • For CA and NJ, initial MA commissions increased from $715/member/year to $750/member/year, a 4.90 percent increase YOY. Renewal commissions increased from $358/member/year to $375/member/year, a 4.75 percent increase.
  • For CT, PA and DC, initial MA commissions increased from $646/member/year to $678/member/year, a 4.95 percent increase YOY. Renewal commissions increased from $323/member/year to $339/member/year, a 4.95 percent increase.
  • For Puerto Rico and the U.S. Virgin Islands, initial MA commissions increased from $394/member/year to $411/member/year, a 4.31 percent increase YOY. Renewal commissions increased from $197/member/year to $206/member/year, a 4.57 percent increase.
  • In all other states, initial MA commissions increased from $573/member/year to $601/member/year, a 4.89 percent increase YOY. Renewal commissions increased from $287/member/year to $301/member/year, a 4.88 percent increase.

Maximum Medicare Broker Commissions for 2023

Annual Comparison Chart

PRODUCT

REGION

INITIAL: 2022 2023

RENEWAL: 2022 2023

MAPD

National

$573 $601                                   $287          $301

CA, NJ

$646 $678                                   $323          $339

CT, PA, DC

$715 $750                                   $358         $375

Puerto Rico, U.S. Virgin Islands

$394 $411                                   $197         $206

PDP

National

$87 $92                                       $44           $46  

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