📢 Breaking News: CMS Issues Final Medicare Rule 📢

CMS recently released the final rule on Contract Year 2025 Policy and Technical Changes to the Medicare Program. The rule is 1300+ pages and makes significant changes impacting the landscape for Medicare Advantage and Part D plans, including provisions directly affecting agents, brokers, FMOs and others.

Preliminary Highlights:

✔Compensation Redefinition: Despite our concerns, CMS moved forward with redefining fair market value compensation and setting $100 per new beneficiary to cover administrative expenses based simply on opinions. This is up from $31 as initially proposed.

✔Contracting Abilities: The final rule preserves the ability for FMOs to contract with carriers, a positive outcome that reflects our advocacy efforts.

✔Valuable Acknowledgment: CMS' recognition of the indispensable role of agents and brokers in this final rule underscores the importance of our collective voice and hard work.

NABIP remains committed to advocating for policies that recognize the essential role of agents and brokers in the healthcare marketplace. While the final rule presents challenges, it also includes changes that reflect our advocacy efforts.

Read Press Statement Here: https://nabip.org/media/9348/press-release-medicare-rule-240406-final.pdf

#NABIP #CMS #MedicareAdvantage #PartD #MedicareReg #ValueofAgents #FMOs

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