A Special Enrollment Period Will Allow a Consumer to Enroll

[AllenChicago]

It sounds like Blue Cross Blue Shield sent that letter to the Wall Street Journal as a prelude to announcing some things.

 

[houcoogster]

It sounds like Blue Cross Blue Shield sent that letter to the Wall Street Journal as a prelude to announcing some things.

Yeah like announcing all Chicago Agents will be getting

 

[AllenChicago]

Yeah like announcing all Chicago Agents will be getting

HouCoogster, that letter came from the CEO of the BCBS Association. That association covers several states, including Illinois and your state of Texas, doesn't it?

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Email from BCBS of Illinois today. Not unexpected or even unusual this year, so I'll just put it in this existing thread...

News Alert – Feb. 23, 2016

Retail Market
BCBSIL to Eliminate Producer Commissions for NEW Under 65 Medical Policies with Effective Dates On or After April 1

At Blue Cross and Blue Shield of Illinois (BCBSIL), we are committed to expanding access to quality health care to as many people as possible in Illinois through the retail market, and have been “all-in” since the inception of the Affordable Care Act (ACA). However, as the individual market evolves, we, in turn, need to make changes to the way we operate in order to continue offering sustainable health plan options to our members.

BCBSIL will eliminate producer commissions for new sales of individual ACA plans effective April 1, 2016.

This commission change does not affect in force under 65 individual major medical renewal policies, retail ancillary products, or new or renewal sales in the group market or in the Medicare market.

We value our producer relationships and they continue to be vital to our business. As always, we assess and evaluate our commission structure on an ongoing basis and will make adjustments as appropriate. We plan to re-evaluate producer commissions for the sale of new individual under 65 major medical policies with Jan. 1, 2017, effective dates. As we approach the next open enrollment period, we will update our producers on commission rates.

 

[houcoogster]

Zero is just another word for........... nothing left to lose.

 

[AllenChicago]

Delusional companies that reduce agent comp to 0% do not deserve any of our Short Term, Injury, Critical Illness, etc.. They certainly won't get a single sale from this agent!