Reminder from Anthem – Modification to Medicare Advantage Commission Payment Schedule

A reminder that Anthem is modifying their Medicare Advantage/Prescription Drug Plan (MAPD) and Prescription Drug Plan (PDP) commission payment schedule so that payments are made in the effective month of the policy.

As a result, there will be two commission payments made in December for MAPD and PDP policies.  One will be with a statement date of November 30, 2016, and the other will be with a statement date of December 18, 2106.  Brokers will be paid on MAPD and PDP commissions during the first week of December for November policy effective and due dates (based on the current schedule).  There will also be a second MAPD and PDP commission payment after December 18, 2016, for December policy effective and due dates.  December 2016 is the only month brokers will receive two commission payments.  The monthly schedule will resume with commission payments in the effective month of the policy for MAPD and PDP policies in January.

 

Reference:  Dec 2016/2017 Commission Payment Schedule.

Questions:  commissions@crnstone.com

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