2024 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 2024 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.

2024 Medicare Part D Maximum Commissions

• Initial commissions increased from $92/member/year to $100/member/year.
• Renewal commissions increased from $46/member/year to $50/member/year.

Medicare Advantage Maximum Broker Commissions

• For CA and NJ, initial MA commissions increased from $750/member/year to $762/member/year, a 4.90 percent increase YOY. Renewal commissions increased from $375/member/year to $381/member/year, a 4.75 percent increase.
• For CT, PA and DC, initial MA commissions increased from $678/member/year to $689/member/year, a 4.95 percent increase YOY. Renewal commissions increased from $339/member/year to $345/member/year, a 4.95 percent increase.
• For Puerto Rico and the U.S. Virgin Islands, initial MA commissions increased from $411/member/year to $418/member/year, a 4.31 percent increase YOY. Renewal commissions increased from $206/member/year to $209/member/year, a 4.57 percent increase.
• In all other states, initial MA commissions increased from $601/member/year to $611/member/year. Renewal commissions increased from $301/member/year to $306/member/year.
  

Maximum Medicare Broker Commissions for 2024

Annual Comparison Chart

PRODUCT

REGION

INITIAL: 2023 | 2024

RENEWAL: 2023 | 2024

MAPD

National

$601 $611                               $301      $306

CA, NJ

$750 $762                               $375      $381

CT, PA, DC

$678 $689                              $339      $345

Puerto Rico, U.S. Virgin Islands

$411 $418                               $206      $209

PDP

National

$92 $100                                  $46         $50  

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