2009 commissions

[HealthResourceAdvisor]

United - $212 street
Bravo - $225 street
that's all i've gotten so far...

 

[Tina]

Is that the renewal rate they will be paying since everything is a renewal? or is that the first year new enrollment rate that we will get half of?

 

[kdover]

Where are you getting this info from?

 

[HealthResourceAdvisor]

that's already cut in half, that's the renewal rate...

 

[AgentOrange]

now will this be paid on previous business written '08, '07 ???

 

[nomadone]

I didn't know that I was working for the gov. If I am I want the same health plan and retirement that Obama has.

 

[HealthResourceAdvisor]

In Bravo's case, previous business DOES move to the new schedule for renewals, so you will make up some of the lost income there. Not sure if all plans will handle the same but I imagine they will.

 

[kdover]

HealthResourceAdvisor, where are you getting this information? Just curious . . .

 

[HealthResourceAdvisor]

ICEP are the only apps that will pay first year commissions, the rest will pay the renewal rate in 2009. If the enrollee leaves the plan prior to month 4, no commission will be earned and you will be charged back in full. After month 4, the chargebacks will be pro-rated based on CMS's guidance (basically as earned). Existing business will be paid at the new renewal rates but they will be paid as earned.

 

[scottfree]

Arkansas BCBS is paying $360 First year and $180 renewals

The thing with them is they won't pay until it is effective in Jan. and then only pay per month.

They will cut first check in Feb and you get $15 or $30(ICEP) a month.