- 14,809
Just got the mail - letter from Aetna - relevant paragraphs:
"Modification of Aetna Producer Agreement
In light of the 80% Minimum Loss Ratio requirements that go into effect next year under the healthcare reform legislation, we may be making changes to the commissions structure for Aetna Advantage Plans for Individuals, Families and the Self-Employed.
For individual health insurance policies written on or after September 1, 2010, the commission schedule will remain the same through December 31, 2010. However, this letter serves as notice that we may be instituting a new commission schedule for these same policies that will be effective on January 1, 2011. These changes will be dependent on future healthcare reform legislation regulation, and we will communicate our new commission schedule to you no later than November 30, 2010. We will continue to evaluate our renewal commission schedule and how it may be affected in 2011 and beyond.
These modification change your existing Aetna Producer Agreement pursuant to Section F(13), including your current compensation schedule...."
"Modification of Aetna Producer Agreement
In light of the 80% Minimum Loss Ratio requirements that go into effect next year under the healthcare reform legislation, we may be making changes to the commissions structure for Aetna Advantage Plans for Individuals, Families and the Self-Employed.
For individual health insurance policies written on or after September 1, 2010, the commission schedule will remain the same through December 31, 2010. However, this letter serves as notice that we may be instituting a new commission schedule for these same policies that will be effective on January 1, 2011. These changes will be dependent on future healthcare reform legislation regulation, and we will communicate our new commission schedule to you no later than November 30, 2010. We will continue to evaluate our renewal commission schedule and how it may be affected in 2011 and beyond.
These modification change your existing Aetna Producer Agreement pursuant to Section F(13), including your current compensation schedule...."