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Broker Update | Vol. 7, No. 16 | August 10, 2012
Broker Update | Vol. 7, No. 16 | August 10, 2012

Did You Know...You Can See Your Book of Business in Both PDF and Excel Formats

If you have the authorization to view your commission statements online, you are also able to log into your account and choose the PDF format to view your "year-to-date" status toward your New Business Override and Business Retention Override.

Payment Schedule

Commissions are paid according to the type of plan:

  • Community Rated Medical - Monthly commission payments are based on the prior month’s premium receipts and in most cases are issued by the 15th business day.
  • Experience Rated Medical & Dental - Commissions are paid on an accumulated premium formula. Each monthly premium payment is added to the effective year-to-date cumulative premium received and the appropriate commission schedule applied.
  • Bonus/Override Program - Payments will be issued in the quarter following the close of the measurement period.

For additional information, please contact your Account Consultant.

Commission Terms and Schedule | Broker Program Guide

 

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