A federal judge in Texas has blocked CMS from enforcing new pay rules for Medicare agents, capping their compensation. Judge Reed O’Connor issued the ruling for nationwide relief, citing instability in the Medicare plan distribution system.
The decision aims to prevent chaos during the upcoming Medicare Advantage enrollment period starting October 15, 2024. CMS currently caps producer compensation at $611 for new plan sales and $305 for renewals, proposing a $100 increase and ending exemptions for distributor support services, which critics argue are valued at over $200 per beneficiary.
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