Medicare is a highly regulated industry, and managing commissions is crucial to remain in compliance with the Centers for Medicare and Medicaid Services (CMS). Medicare commissions software helps health insurance companies track and manage sales commissions to ensure brokers receive accurate compensation on time and verify that the company follows all regulations.
Calculating commission payments can be complicated due to the many variables that factor into pay, such as base salaries, incentives and bonuses. Commissions software for Medicare calculations takes care of this task automatically, streamlining the process for faster payments.
Reasons to invest in a software solution include:
The most complex and highly regulated commissions are paid to Medicare brokers. Our ability to manage and automate the Medicare compensation while guaranteeing CMS compliance is one of the many reasons EvolveNXT is the vendor of choice for carriers of all sizes.
Features of EvolveICM include:
EvolveNXT works with health insurance carriers to provide solutions for Medicare commission calculations. Our software was originally built for complex CMS regulations, so you can trust that it will work with your business needs to provide accurate and timely payment information. We have partnered with health insurance companies since 2011 to help increase sales and streamline workflows.
To see how our Medicare sales commissions software will benefit your company, request an EvolveICM product demo or learn more about how we can help by contacting us today.