Aetna Bonus Program for 2011

[mmike160]

[FONT=Verdana, Arial, Helvetica, sans-serif]Earn more cash - New broker bonus programs for 2011

[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]Aetna Advantage Plans for Individuals, Families and the Self-Employed
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[FONT=Verdana, Arial, Helvetica, sans-serif]Look what's new for 2011! We are offering new bonus programs for 2011: 2011 Out Front With Aetna Sales Incentive Program and 2011 Front Runner Rewards Sales Incentive Program.

These new sales bonus programs offer you the opportunity to earn extra cash based on your sales. The more you sell, the more you can earn. Call us to find out how we can help you move up to the next commission tier and earn more cash.
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2011 Out Front With Aetna Quarterly Sales Incentive Program
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Sell the individual Aetna Advantage Plans during each [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]quarter in 2011 and you will earn additional [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]cash—possibly more than $10,000!—above your regular [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]commission when you reach the tier targets below of 6, [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]12, 25 and 50 applications.[/FONT]
[FONT=Verdana, Arial, Helvetica, sans-serif]Hit Each Tier Level to Qualify for Your Sales Incentive [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]Program Payouts
[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]You can begin earning by selling 6 applications. You will [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]receive your Tier 1 payout of $250.00 once these [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]applications remain in force for 60 days. We encourage [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]you to keep selling and hit the next tier levels of 12, 25 [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]and 50 applications total.

Only 2011 effective dates qualify: [/FONT]

• [FONT=Verdana, Arial, Helvetica, sans-serif]First quarter January 1 through March 15, 2011[/FONT]
• [FONT=Verdana, Arial, Helvetica, sans-serif]Second quarter April 1 through June 15, 2011[/FONT]
• [FONT=Verdana, Arial, Helvetica, sans-serif]Third quarter July 1 through September 15, 2011[/FONT]
• [FONT=Verdana, Arial, Helvetica, sans-serif]Fourth quarter October 1 through December 15, 2011[/FONT]

Enrolled applications are counted separately for each quarter. Applications are not cumulative across quarters for this bonus.

• You will receive monthly emails on your program status with enrolled applications to date, and e-mails advising you of payouts as they occur
• [FONT=Verdana, Arial, Helvetica, sans-serif]Email opt-in required! [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]See Bonus under Sales Support on Producer World[/FONT]

For complete details and program guidelines, view the 2011 Out Front With Aetna Quarterly Sales Incentive flyer.

2011 Front Runner Rewards Sales Incentive Program - 2 different programs based on tier

Become a Front Runner
You can earn a one-time cash bonus each time you progress to the next commission tier. In addition to earning a higher commission rate, we’ll reward you for achieving the next level of sales.

Tier Advancement Payout
Gold to Platinum (50 applications in prior 12 months) $5,000 Silver to Gold (25 applications in prior 12 months) $3,000 Bronze to Silver (12 applications in prior 12 months) $1,000

• This program applies to enrolled and approved applications during a rolling 12 month period.
• You are evaluated based on your starting 1/1/2011 commission tier.
• You can receive each tier payment only once. If your tier drops, you will not receive the payout for the second time you advance to the higher tier.
• Sales incentive program payments will be issued monthly.

For Platinum and Gold Front Runners
You can earn more cash when you reach the Platinum tier – up to $20,000 per year! Gold tier brokers can earn more, too. If you're already a Platinum or Gold Front Runner as of 1/1/2011 (50 applications for Platinum or 25 for Gold in prior 12 months), you'll receive additional cash per application for growing and maintaining your active book of business each quarter in 2011.

Not yet at the Platinum or Gold level? Achieve a new Front Runner level, and you'll start earning more cash in the following quarter.

Platinum Front Runner
Payout
Increase your book of business by 10% or more*
Additional $10.00 per application

Maintain or increase your book of business up to 10%*
Additional $7.50 per application

Gold Front Runner
Payout
Increase your book of business by 10% or more*
Additional $7.50 per application

Maintain or increase your book of business up to 10%*
Additional $5.00 per application

*over the prior quarter ending book of business (must be higher than or equal to ending book of business for the quarter prior to initial qualification)

For complete details and program guidelines, view the 2011 Front Runner Rewards Sales Incentive flyer.

Get on the fast track and become a Front Runner with our Aetna Advantage Plans.

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[Crabcake Johnny]

So...for the prior 12 months:

Bronze:12 apps - $1,000
Silver: 25 apps - $3,000
Gold: 50 apps - $5,000

Platinum: I you already qualified for Gold level bases on 2010 production (50+ apps) then you'll receive $10 per more per app if you increase by 10%.

So, if you hit 50 apps but hit 60 in 2011 it's an extra 1,200. I'm assuming the extra $10 per app is $10 per app per month X 12 months.

So, let's try and max this out. 50 apps per quarter (which almost no individual product is going to do...but anyway)

60 apps X 3K per app X 10% comp = $18K
Bonus = 5K
If you were Gold last year = $1,200 more

Total: $24,200

Back into 60 apps and it's $403 per app or around 13.5% comp average.

 

[YouGotMyMoney]

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
- - - - - - - - - - - - - - - - - -

Back into 60 apps and it's $403 per app or around 13.5% comp average.

or we can sell uhc....cigna (depends on state) and make much more.....cigna starts at 12%, uhc 10-14% based on production......

 

[Yagents]

Another example of Aetna taking something quite simple, and making it so complicated, I didn't care to continue reading. Kind of like the 10 worthless emails they send me each week.

 

[somarco]

Too late. Aetna is toast in my shop.

 

[aheff]

Horribly confusing!

 

[Crabcake Johnny]

Based on what I plan on giving Aetna this year, they might as well create the "coal" level.

 

[dgoldenz]

I like how their "quarters" are actually a quarter minus two weeks. Wonder what type of calendar they use over in the home office there. Also wonder how many sales they expect in the two week gaps between quarters.

 

[somarco]

Wonder what type of calendar they use over in the home office there.

 

[Guest]

Forget it. I want to earn mOney now to pay my bills, not 60+ days afterwards. I am done with health insurance sales.