Brokers accused of steering seniors into a Medicare Advantage 'trap' Provided by Dow Jones May 20, 2025, 11:20:00 AM ...

In the context of Medicare, a broker may be able to help you select a Medicare Advantage (Part C) plan. But you may want to consider some factors before deciding whether to use the services of a ...

Medicare Brokers Steered Retirees Into Worse Plans to Earn Higher Commissions Ihar Halavach / Shutterstock.com Christy Bieber Published: May 24, 2025 6:27 am ...

Medicare Advantage health plans spend billions of dollars each year on broker commissions, which vary regionally. The maximum commission for members new to Medicare Advantage ranges from $428 in ...

Those amounts are higher than what brokers earn if a client enrolls in original Medicare and buys a supplemental drug plan, for which the commission is capped at $109 for the initial year.

After wrapping up a six-day swing through the state at a roundtable with kids at a Richmond YMCA day camp, Sen. "I was hearing about it from the providers that of all the payers, Medicare, Medicaid, ...

Using a broker to help you find a Medicare Advantage plan can save you time and money, but brokers may not be the best choice for everyone. Read more.

The Department of Justice has sued three of the largest Medicare Advantage insurers and three dominant insurance brokerages, alleging a scheme in which the health insurers bribed the brokers to ...

UnitedHealth Group Inc. is cutting commissions for brokers on some Medicare Advantage plans, according to documents reviewed by Bloomberg News, a move that appears designed to discourage agents ...

The payments, according to the lawsuit, added incentives — often more than $200 per enrollee — for brokers to direct Medicare beneficiaries toward their coverage “regardless of the quality ...

In the context of Medicare, a broker may be able to help you select a Medicare Advantage (Part C) plan. But you may want to consider some factors before deciding whether to use the services of a ...

Using a broker to help you find a Medicare Advantage plan can save you time and money, but brokers may not be the best choice for everyone. Read more.