10/02/2008
Jump Start Sales Bonus Program enhanced for Association business!
We've enhanced the Jump Start Sales Bonus Program by increasing the payment amount for new Association business with effective dates of Oct. 1, 2008, through Jan. 1, 2009.
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Jump Start Sales Program – Association
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| Payment Amount |
Qualification Threshold |
Payment Cap |
| $30 per enrolled employee per group |
20 new commercial medical contracts with effective dates of July 1, 2007, or later. |
$4,500 per group |
Program rules and disclosures
- A contract is defined as a subscriber/employee and is determined based on enrollment data recorded in our system on the last business day of the group's effective month.
- Payment will not be adjusted for enrollment received after the end of the month from the group's effective month.
- Payment is issued once for each qualifying new group. It will be issued after the qualification is met and is retroactive to the first group qualified during the program period.
- Payment will be reported on Schedule A (Form 5500) to applicable groups.
- The term "broker or agent" refers to a company employing one or more producers who are appointed to sell Regence products.
- We may, at any time, amend these rules.
Disclosure
Regence BlueShield provides this disclosure statement on our Web site and various group and member materials and forms:
If you have a broker or agent, they may receive bonuses, commissions, administrative service fees, or other compensation, including non-cash compensation, from Regence BlueShield. Incentives may be based on any of several factors, including the size of group business, the products you buy, your broker or agent's volume of business with Regence and the other services your agent or broker provides to you. These incentives may have an indirect impact on your rates. For more information, please contact your broker or agent.
If you have questions, please talk to your Regence Sales contact.
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