2021 Producer Special Enrollment Period Bonus

Individual and Family Plans: Cigna Health and Life Insurance Company


Program rules: 

Bonus is based on new sales submitted from February 15th to May 31st (from February 8th to May 31st in Colorado) for policies effective as of 6/1/21. In order for sales to qualify, customers must make initial payment and be in active status. 

 Producer must submit a minimum of seven new SEP customers. At that time, any new medical sales bonus due will be paid, starting from the first 2021 SEP application. Customer plan changes do not qualify. 

Bonus program is based on number of customers submitted at the agent level. Customer counts will be capped at six customers per policy.  

Eligible products include all IFP medical products in all markets. 

Cigna reserves the right to charge bonuses back if brokers have over 15% of their membership leave the plan or not maintain continuous coverage for the first four months of their policy contract. 

Cigna will offset any over payment against other compensation due and payable to producer.

 

DOWNLOAD PDF HERE 

 

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Agility Producer Support
(866) 590-9771
support@enrollinsurance.com

INDIVIDUAL HEALTH PLANS: New Members

COMMISSION: $100 per Member

Qualifications & Details:

  • Must enroll a minimum of 5 new members to be eligible for the bonus.
  • Bonus is on every new member sold, once a minimum of 5 have been effectuated
  • Bonus is retroactive and applies to effective dates of March 1st through September 1st, 2021. Policies must be bound by September 1st to qualify
  • Bonus will be calculated for a one-time payment in September and paid in October


 

Exclusions: 

  • Transfers between Individual plans, and accounts transferred due to change in broker of record.
  •  General Agents are excluded from this program and do not qualify for the bonus.

The writing agent must meet all compliance regulations and must be appointed in the state of Texas and be in good standing at the time of sale and bonus payment.  

Bonus payments are made payable to the Producer/Agency who receives standard commissions payments. No advance payments will be made. 

The terms and conditions of this commission schedule are subject to change at the sole discretion of Friday Health Plans and/or its designated representatives upon notice to the broker.  

Final interpretation of any or all provisions in this commission schedule, or resolution of any disputes arising from this compensation plan, rests solely with Friday Health Plans and/or its designated representatives.  

This provision is applicable to all insurance producers and insurance agencies over whom the Texas Division of Insurance has authority.  

Commissions will be paid only if agent/agency is licensed and in good standing with the State of TexasAppointment with Friday Health Plans must be current.  

See Friday Health Plans producer agreement for all for all terms and conditions pertaining to commission schedule.  

Friday Health Plans reserves the right to amend, change, or terminate this commission and bonus schedule as outlined in the Producer Agreement.

 DOWNLOAD PDF HERE 

GET CONTRACTED TO SELL FRIDAY HEALTH PLANS > 

 

Agility Producer Support
(866) 590-9771
support@enrollinsurance.com

 

Earn your Teepee Builder Badge and Earn More Money too! 


 

Molina Healthcare is excited to announce an Agent Bonus for New 2021 SEP Members.

TOTAL # OF NEW MEMBERS: 25+ 

ONE TIME BONUS AMOUNT PER MEMBER: $50

Check out the details and terms and conditions below…. 


 

Agility Producer Support
(866) 590-9771
support@enrollinsurance.com