Transparency in Medicare Advantage Steering Act

The Transparency in Medicare Advantage Steering Act requires Medicare Advantage organizations to report specific details about agents and brokers who help enroll individuals in their plans starting in 2028. These reports must include whether an agent was involved, the amount and form of compensation paid to that agent, and the total compensation paid to all such representatives for the year. Beginning in 2030, the Centers for Medicare & Medicaid Services will make this compensation data publicly available online and add an indicator to identify agent-enrolled individuals in its data warehouse. The bill directly affects Medicare Advantage organizations, their sales representatives, and the public seeking information about how these plans are marketed.