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Important WellCare Announcement: Clarification From CMS Regarding Initial Compensation Criteria

Dear Valued Producer,

As a result of feedback from Medicare Advantage Plans with respect to information included in CMS' June 5th memo that discussed criteria for paying initial (1st year, 2 X payment) compensation fees in 2009, CMS issued the following clarification memo on June 26, 2009:

"Independent producers enrolling beneficiaries with Original Medicare and a PDP into an MA plan or MA-PD, and vice versa, should be paid an initial compensation for any such enrollments with effective dates in 2009."

We are pleased with this clarification,  and are waiting  for  updated and corrected  reports from CMS  so we can  pay out this commission.  We are committed to distributing these  commissions to producers as soon as possible , and we are currently working with our Commission Team to ensure we are ready to process these payments to be included in the month-end check run immediately following the CMS release of updated reports. 

Thank you for your continued patience.

Sincerely,

Kevin A. LeBlanc

VP, National Distribution

WellCare Health Plans

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