AHIP Statement on New CMS Guidelines for Agent and Broker Commissions in Medicare Advantage

WASHINGTON, Nov. 10 /PRNewswire-USNewswire/ -- Karen Ignagni, President and CEO of America's Health Insurance Plans (AHIP), today issued the following statement on new guidelines announced by CMS on agent and broker compensation for Medicare Advantage plans:

"We commend CMS for taking this important step to provide guidelines for agent and broker commissions. It is vital that seniors receive the information they need during open enrollment, that brokers receive reasonable compensation for the valuable services they provide, and that there are clear standards in place.

Establishing guidelines in this area is an important regulatory responsibility. We are committed to working with CMS and key stakeholders to protect beneficiaries."

America's Health Insurance Plans - Providing Health Benefits to More Than 200 Million Americans