Medicare Advantage commissions will increase 6.31% in 2022!
Each year, CMS publishes the Fair Market Value (FMV) amounts for initial and renewal compensation.
The amounts for 2022 plan years for Medicare Advantage and PDP are as follows:
If you have any questions please reach out to your Cornerstone Senior Marketing representative.
Announcement from NAHU from 12/23/20:
BENES Act Passes Congress
NAHU has advocated for passage of the BENES Act and we are pleased to let you know it was included in the final package passed by the Senate early Tuesday morning. We believe its provisions will help your clients who are transitioning to Medicare and those who may need an SEP:
There may be some confusion as to whether a COVID SEP exists or ever ended.
To clarify, in late spring, CMS announced a time limited SEP for COVID affected beneficiaries which ended June 30, 2020. Another disaster/emergency SEP has NOT been put into place. However, what is always available is the case-by-case SEP for Other Exceptional Circumstances. To confirm, while some in the industry may have assumed that there is another disaster/emergency SEP in place, this is not the case.
For additional information regarding the case-by-case SEP, which has to be referred to Medicare to handle, you can find details here.
Still have questions? We’re here to help.
Contact your Cornerstone Senior Marketing Rep for assistance
614-763-2255
or email
CMS Press Release Nov 6, 2020 | Medicare Parts A & B
Today, the Centers for Medicare & Medicaid Services (CMS) announced the 2021 monthly Medicare Parts A and B premiums, deductibles, and coinsurance amounts in which the Medicare Part B monthly premium remains steady. This news comes as Medicare Open Enrollment started on October 15, 2020 running through December 7, 2020, and follows the announcement that Medicare Advantage (or private Medicare health plans) and Part D prescription drug plan premiums are at historic lows, with hundreds of Medicare Advantage and Part D plans now offering $35 monthly co-pays for insulin starting in January 2021.
“With the 2021 Medicare Part B premium information now available, I encourage everyone with Medicare to take time over the next four weeks to review their options during Medicare Open Enrollment,” said CMS Administrator Seema Verma. “Thanks to President Trump’s leadership, Medicare Part B premiums remain steady and seniors have more plans than ever to choose from, many new benefits, and historically low Medicare Advantage and Part D premiums.”
Oct. 6, 2020
By Lori Flees, SVP and COO, Walmart U.S. Health & Wellness
Health care can be complicated. But we think quality health care should be within reach of everyone, and pricing should be transparent and affordable. Our money-saving $4 generic prescription program and, more recently, Walmart Health locations are helping customers save money and live healthier. Similarly, our Healthcare Begins Here program has helped customers navigate the very complex health insurance system for years.
CMS has released a list of Pharmaceutical Insulin Manufacturers that will participate in the Part D Senior Savings Model in 2021.
There are currently three manufacturers involved:
The Part D Senior Savings Model is part of CMS’ ongoing efforts to keep insulin co-pays at a $35 maximum for the consumer. This is an ongoing list that is subject for updates, you can view the full list HERE.
Cornerstone Senior Marketing Agent Compliance Guide
Best Practices in Medicare Compliance (2020): Access the Guide
Agent Medicare Marketing Guidelines: Access the Guide
Agent Life Annuity Marketing Guides: Access the Guide
From the NAHU FMO Council Members:
WellCare Agent Advisory 5/6/20
Confirmed Special Enrollment Period: COVID-19
As promised, we continue to closely monitor the COVID-19 pandemic and are working hard to keep you informed. At this time, CMS has reversed previous guidance and made the decision to allow for a one-time Special Enrollment Period (SEP) for those affected by COVID-19, in the event they were unable to make an election during another qualifying election period. Please reference the following guidelines for the incident period. This SEP applies to all 50 states, tribes, territories, and the District of Columbia.