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Medicare Product Development information

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$42.5K

$127K

$144.5K

How much do medicare product development jobs pay per year?

As of Jun 9, 2026, the average yearly pay for medicare product development in the United States is $126,987.00, according to ZipRecruiter salary data. Most workers in this role earn between $114,500.00 and $143,000.00 per year, depending on experience, location, and employer.

What is the difference between Medicare Product Development vs Medicare Underwriting?

AspectMedicare Product DevelopmentMedicare Underwriting
Primary FocusDesigning and creating new Medicare plans and productsAssessing risk and determining eligibility for Medicare plans
Required SkillsMarket research, product design, regulatory complianceRisk analysis, data evaluation, policy assessment
Work EnvironmentCollaborative teams with marketing, compliance, and actuarial departmentsAnalytical setting, often within insurance or health plans
CertificationsHealth insurance licenses, actuarial credentials (optional)Health insurance licenses, actuarial credentials (optional)

Medicare Product Development focuses on creating new Medicare plans, while Medicare Underwriting evaluates risks and eligibility. Both roles require knowledge of health insurance regulations and may involve similar certifications, but their core responsibilities differ significantly in scope and daily tasks.

What are the key skills and qualifications needed to thrive in Medicare Product Development, and why are they important?

To thrive in Medicare Product Development, you need expertise in healthcare regulations, product management, and data analysis, often supported by a degree in healthcare administration, business, or a related field. Familiarity with CMS guidelines, market research tools, and product lifecycle management systems is typically required. Strong project management, communication, and problem-solving skills help professionals collaborate across teams and address complex regulatory challenges. These skills ensure compliant, competitive, and innovative Medicare products that meet both business objectives and beneficiary needs.

What are some common challenges faced by professionals in Medicare Product Development, and how can they be addressed?

One of the most common challenges in Medicare Product Development is keeping up with frequent regulatory changes and ensuring products remain compliant with CMS guidelines. Additionally, balancing market competitiveness with cost-effectiveness can be complex, as it requires ongoing analysis of competitor offerings and member needs. Success in this role often involves close collaboration with actuarial, compliance, and marketing teams to swiftly adapt to changes and develop innovative products. Staying informed through continuous learning and cross-functional teamwork is key to overcoming these challenges.

What is Medicare Product Development?

Medicare Product Development involves creating, enhancing, and managing health insurance plans specifically designed for Medicare beneficiaries. Professionals in this field analyze market trends, regulatory requirements, and customer needs to design products like Medicare Advantage and Medicare Supplement plans. They collaborate with cross-functional teams such as compliance, marketing, and actuarial departments to ensure products are competitive, compliant, and meet the evolving needs of seniors. Their work helps insurance companies offer attractive and effective health coverage options for people eligible for Medicare.
What cities are hiring for Medicare Product Development jobs? Cities with the most Medicare Product Development job openings:
What are the most commonly searched types of Medicare Product Development jobs? The most popular types of Medicare Product Development jobs are:
What states have the most Medicare Product Development jobs? States with the most job openings for Medicare Product Development jobs include:
What job categories do people searching Medicare Product Development jobs look for? The top searched job categories for Medicare Product Development jobs are:
Medicare Product Development jobs near you
Infographic showing various Medicare Product Development job openings in the United States as of June 2026, with employment types broken down into 10% Full Time, 80% Part Time, and 10% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $126,987 per year, or $61.1 per hour.

Product Development Specialist

Employment Opportunities for Veterans | CMS

Dallas, TX • On-site

$51K/yr

Other

Posted 4 days ago

Job description

We are looking to fill Product Development Specialist, GS-0301-7/9, positions in the Department of Health & Human Services (HHS), Centers for Medicare & Medicaid Services (CMS). Click on "Learn more about this agency" for more details!
What is a Product Development Specialist? You will use project and program management techniques and Agile principles to drive the design, implementation, and ongoing management of key products and features, based on business needs identified by managementQualifications:PROGRAM REQUIREMENTS: You must be ELIGIBLE and QUALIFIED in order to be referred to Hiring Managers.
ELIGIBILITY REQUIREMENTS: Am I considered a Recent Graduate?
GPA Requirement: You must possess a cumulative GPA of 3.0 on the unweighted 4.0 scale upon completion of your academic degree or certificate program. (GPA 2.95 is rounded to 3.0 and 2.94 is rounded to 2.9.)
To be eligible as a Recent Graduate:
  • Individuals who within the previous 2 years, completed a qualifying associates, bachelors, masters, professional, doctorate, vocational or technical degree or certificate from a qualifying educational institution. Therefore, you must have completed your educational program no earlier than June 15, 2024. Veterans who were precluded from applying due to their military service obligation, begin their 2-year eligibility period upon release or discharge from active duty. Eligibility for veterans cannot exceed 6 years from the date on which they completed their degrees (or certification). Therefore, veterans must have completed your educational program no earlier than June 15, 2020.
  • To verify your eligibility as a Recent Graduate, you must submit the following at the time of application: A copy of your unofficial transcripts from the educational institution you attended attesting to your possession of the required education. Your unofficial transcripts must reflect: (1) your name; (2) overall grade point average (GPA); and (3) Degree Type (e.g., Bachelor's, Master's, etc.) and Degree Major; AND (4) the date your Degree was conferred. Failure to submit proof of degree/certificate completion at time of application will result in the withdrawal of your application from consideration for this position.
To be eligible as a Degree Candidate for Spring 2026:
  • Individuals who are degree candidates for this current semester/term, i.e., Spring 2026, scheduled to complete a qualifying Associate's, Bachelor's, Master's, Doctorate, professional, vocational, or technical degree or certificate program, AND the degree/certificate has not been conferred at the time of application.
  • To verify your eligibility as a Degree Candidate for Spring 2026, you must submit the following at the time of application: A copy of your unofficial transcripts from the educational institution you attended attesting to your education completed to date. Your unofficial transcripts must reflect: (1) your name; (2) overall grade point average (GPA); (3) current enrollment; AND (4) Degree Type (e.g., Bachelor's, Master's, etc.) and Degree Major. If referred and selected, you must submit an additional unofficial transcript that confirms the date your degree was conferred before an Official Offer can be made. Degree must be conferred by June 30, 2026. Failure to submit proof of degree/certificate completion will result in the withdrawal of your application from consideration for this position.
Note: For those applying as Degree Candidates for Spring 2026, you will be required to submit an additional transcript that confirms the above major or course requirements and the date your degree was conferred. Degree requirements must be completed during the Spring 2026 semester, and the degree must be conferred by June 30, 2026. Failure to submit proof of degree/certificate completion will result in the withdrawal of your application from consideration for this position.
QUALIFICATION REQUIREMENTS: Do I qualify at the GS-07 or GS-09 Grade Level?
In order to qualify for the GS-07, you must meet one of the following:
  • Specialized Experience: You must demonstrate in your resume at least one year (52 weeks) of qualifying specialized experience equivalent to the GS-05 grade level in the Federal government, obtained in either the private or public sector, to include: 1) assisting with managing limited-scope project tasks to support a product development lifecycle; and 2) utilizing Agile-related industry standard productivity tools. - OR -
  • Substitution of Education for Experience: You may substitute education for specialized experience at the GS-07 grade level by possessing at least one full year of graduate-level education. One year of full-time graduate education is considered to be the number of credit hours that the school has determined to represent 1 year of full-time study. If that information cannot be obtained from the school, 18 semester hours should be considered as satisfying the 1 year of full-time study requirement. Part-time graduate education is creditable in accordance with its relationship to a year of full-time study at the school attended - OR -
  • Superior Academic Achievement: A bachelor's degree from an accredited college or university AND one of the following provisions of superior academic achievement:
    • A grade-point average of "B" (3.0 or higher on a 4.0 scale) for all completed undergraduate courses or those completed in the last two years of undergraduate study. For example, 2.95 is rounded to 3.0, and 2.94 is rounded to 2.9.
    • A grade-point average of 3.5 or higher on a 4.0 scale for all required courses completed in your major field of study, or those required courses in your major completed in the last two years of your undergraduate study.
    • Rank in the upper one-third of your class in the college, university, or major subdivision.
    • Membership in a national honor society (other than freshman honor societies) recognized by the Association of College Honor Societies. - OR -
  • Combination of Experience and Education: Equivalent combinations of successfully completed post-high school education and experience may be used to meet total experience requirements at the GS-07 grade level. The percentage of your total qualifying experience the education must equal to 100% to qualify for this grade.
In order to qualify for the GS-09, you must meet one of the following:
  • Specialized Experience: You must demonstrate in your resume at least one year (52 weeks) of qualifying specialized experience equivalent to the GS-07 grade level in the Federal government, obtained in either the private or public sector, to include: 1) Assisting with managing a project or team; 2) assisting in the development of multimedia products for web and digital media; and 3) using different forms of communication to convey information with the immediate team, contractors, or other stakeholders on the delivery of digital services. - OR -
  • Substitution of Education for Experience: You may substitute education for specialized experience at the GS-09 grade level by possessing a Master's Degree or equivalent graduate degree or at least 2 full years of progressively higher level graduate education leading to such a degree or LL.B. or J.D. - OR -
  • Combination of Experience and Education: Only graduate education in excess of the amount required for the GS-07 grade level may be used to qualify applicants for positions at the GS-09 grade level. Therefore, only education in excess of one full year of graduate-level education may be used to combine education and experience.
ALL TRANSCRIPTS are required at the time of application to verify satisfactory completion of the educational requirement related to substitution of education for experience and combination of experience and education. Please see "Required Documents" section below on what documentation is required.
Click the following link to view the occupational questionnaire: https://apply.usastaffing.gov/ViewQuestionnaire/12979051Education:Qualifications Continued:
NOTE: If you are using specialized experience to qualify for this position, your resume must include detailed information as it relates to the responsibilities and specialized experience for this position. Evidence of copying and pasting directly from the vacancy announcement without clearly documenting supplemental information to describe your experience will result in an ineligible rating. This will prevent you from receiving further consideration.
NOTE: A certificate program is defined as post-secondary education, in a qualifying educational institution, equivalent to at least one academic year of full-time study (30 undergrad credits/18 grad school credits) that is part of an accredited college-level, technical, trade, vocational, or business school curriculum.Employment Type: OTHER

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