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so what does this mean for us? Are they going to allow administrative fees again?Federal Court Blocks Medicare Agent Pay Cap Regulations | ThinkAdvisor
The ruling applies to all Medicare agents, not just the parties to the suit.
O’Connor said he is issuing the stay because he believes CMS will lose in court, partly because it failed to explain clearly why the increase in agent pay is $100 rather than higher.
If the stay survives court challenges.
Federal Court Blocks Medicare Agent Pay Cap Regulations | ThinkAdvisor
The ruling applies to all Medicare agents, not just the parties to the suit.
O’Connor said he is issuing the stay because he believes CMS will lose in court, partly because it failed to explain clearly why the increase in agent pay is $100 rather than higher.
The way I read it, the rule will likely be overturned and admin overrides will continue. With regard to agent comp, either CMS will have to do an actual analysis to determine FMV of fmo services which will likely result in an amount above $100 or the court will determine CMS hasn't justified the need to upend 16 yrs of precedent by changing the definition of compensation to include reimbursement of admin expenses. The court gained the authority to do this literally days ago when the Supreme Court overturned chevron. The timing could not be any better to fight this battle.
The way I read it , this is just going to piss off cms and stand by for what they do to get even
I’ve read the whole ruling .Fmo’s threw agents under the freakin bus saying the $100 not enough . They want it thrown out so there overrides not effected and the agents gets no raise . There’s zero in there about them letting marketing money stay . They’re trying to sacrifice the agent for their pockets . I hope cms crushes the user fmo’s . They just did a summary . Even if it goes against them cms will appeal to higher courts to get thrown out
