The provision establishes a set amount of compensation for healthcare agents and brokers.
The Department of Health and Human Services (HHS) released a final action plan to better protect Medicare enrollees from predatory healthcare agents and brokers.
Due to the complexity of healthcare plans, people enrolled in Medicare Advantage and Part D programs often enlist third-party healthcare brokers to help them sort through the fine print. This new plan will cap the amount brokers can be compensated for their work and strengthen other protection policies that are already in place.
“Competition within Medicare Advantage and Medicare Part D will provide consumers with meaningful choices among plans so they can select one that best meets their individual needs. Additional consumer protections will help people make the right decisions and get the coverage they want without hassles,” said Secretary Xavier Becerra.
As the Lord Leads, Pray with Us…
- For wisdom for Secretary Becerra as he heads the Department of Health and Human Services.
- For Administrator Chiquita Brooks-LaSure to be discerning as she oversees the Centers for Medicare and Medicaid Services.
- For the president and his administration officials as they make attempts to control healthcare and prescription pricing.
Sources: Department of Health and Human Services
