MAPD & PDP Broker Compensation for 2024

Written By Telos Actuarial

CMS recently released Medicare Advantage and PDP fair market value broker compensation for 2024.

  • Medicare Advantage (MAPD) increased 1.7% for both initial and renewals.

  • Prescription Drug Plans (PDP) increased 8.7% for both initial year and renewals.

The MAPD increase for 2024 is the lowest increase since the 4.0% decrease in 2015.

Historical fair market value broker compensation for MAPD is shown below:

Historical fair market value broker compensation for PDP is shown below:

Source data:

  • CMS.gov memos

Telos Actuarial helps distributors maximize the lifetime value (“LTV”) of their commissions by providing persistency analysis, industry lapse and persistency reports, projected commission cash flow analysis, and LTV calculations. Send us an email for more information. info@telosactuarial.com

Telos Actuarial
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