Easily calculate commissions for MA & PDP with our MA Commission Calculator. Simply choose the state, effective date, and whether it’s a new plan or a renewal/like plan change.
Download the Commission Table as a 1-Page PDF
Examples of New Plan vs. Like Plan Changes
Example 1: When Mrs. Smith enrolls in Part B, Agent Jones helps her enroll in an MA plan. If she has a 4/1/2021 effective date, Agent Jones will receive $539 (Mrs. Smith is “new to Medicare”).
Example 2: Mrs. Smith has been on an MA plan for 2 years. She is eligible for an SEP and Agent Jones helps her enroll in a new MA plan with an 8/1/2021 effective date. Agent Jones will receive $112.50 (Mrs. Smith will be on the new MA plan for 5 months during 2021 and she made a “like plan change”; 5/12 x $270= $112.50).
Both Examples: Mrs. Smith’s policy would renew on 1/1/2022 at the Renewal Rate.
How to Calculate MA & PDP Commissions: Effective Dates and Proration Explained
- Carriers can pay commissions only for months a beneficiary is on the plan.
- Carriers can only pay commissions for a plan year during the plan year, so no business written for the next plan year can be paid until January 1.
- Payments at the initial Rate for beneficiaries that are “new to Medicare” are for full Initial rate regardless of effective date.
- Any payment at the renewal rate for beneficiaries that make a “like plan change” MUST be prorated.