Transparency in Medicare Advantage Steering Act
Rep. Ocasio-Cortez Introduces Bill to Reveal How Much Medicare Advantage Plans Pay Insurance Brokers
This bill is currently in the early stages of the legislative process and has been sent to two House committees for review. It is actively moving through the initial steps, but no further hearings or votes have been scheduled yet.
Legislative Progress
While there is growing interest in Medicare oversight, this bill currently lacks broad bipartisan support and faces likely opposition from the insurance industry.
Key Points
Impact Analysis
Personal Impact
Life & Work
Independent insurance agents and brokers who sell Medicare Advantage plans would face new reporting requirements that track their compensation on a per-enrollee basis. While this does not directly cut their income, public disclosure of commission amounts could create downward pressure on broker pay over time and increase administrative burden.
Programs
Milestones
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
2 articles
Bill seeks to limit Medicare Advantage broker compensation, increase transparency
Beginning in 2028, the bill would require Medicare Advantage organizations to report certain agent and broker information, including whether an enrollee was signed up through an agent or broker and the type and amount of compensation paid in connection with enrollment.
Medicare agent community speaking out against Ocasio-Cortez bill
Rep. Alexandria Ocasio-Cortez's bill would cap compensation for agents and brokers representing for-profit Medicare Advantage organizations. The bill seeks to redefine what constitutes compensation, targeting financial incentives that she said may skew agents' advice toward specific plans.
Source Information
Document Type
Congressional Bill
Official Title
Transparency in Medicare Advantage Steering Act
Data Sources
Sponsor
Analysis generated by AI. Always verify with official sources.