2024 Medicare Advantage & PDP Agent Commission Amounts

This notification provides Contract Year (CY) 2024 compensation limits for agents and brokers.

As provided in 42 C.F.R. §§ 422.2274(d)(2) and 423.2274(d)(2), the compensation amount an organization pays to an independent agent or broker for an initial enrollment must be at or below the fair market value (FMV). 42 C.F.R. §§ 422.2274(d)(3) and 423.2274(d)(3) limit renewal Compensation to a maximum of 50% of the FMV.42 C.F.R §§422.2274(f) and 423.2274(f) limit the amount of organization may pay for referrals.

Each year, CMS publishes the FMV amounts for initial and renewal compensation as well as referral fees. The amounts are as follows:

Fill out the form below or call 800-852-7152 to get contracted and ready to sell for the 2024 Medicare Annual Enrollment Period!


The content of this blog is for informational purposes only, and is intended for licensed insurance agent use only.

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The information on this site is for licensed insurance agents and brokers only. If you are not an insurance professional, please do not rely on this information. Instead, refer questions to a licensed insurance professional. This material has been prepared for informational purposes only and should not be relied upon for accounting, legal, tax or investment advice. Some programs are not available in all states.  Agents contracted with insurance companies through Western Marketing are independent agents and are not employees of Western Marketing.  We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.