April 17, 2024 Medicare Advantage and Part D payment changesCMS has finalized technical updates to the Part C and D star ratings, and made changes to the standard Part D drug benefit. These changes include capping annual out-of-pocket costs for people with Medicare Part D at $2,000 in 2025. CMS has also expanded enrollee protections…

The CMS is a federal agency that manages the Medicare program, administers Medicaid, and manages the Children’s Health Insurance Program. CMS also provides health coverage through the Health Insurance Marketplace. There are very specific rules relating to how a relationship between an agent or broker may be initiated. Here is a CMS chart that explains…