Aetna New Bonus Program

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[FONT=Verdana, Arial, Helvetica, sans-serif]Earn up to $15,000 with our new summer sales incentive program[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Now sell more and earn more in the Summer of 2011. Our new sales incentive program will pay you more for increasing your sales of the Aetna Advantage Plans for Individuals, Families and the Self-Employed in the 3rd quarter. This incentive program is for sales of the Aetna Advantage Plans in AK, AZ, CT, DC, DE, FL, GA, IL, KS, MD, MI, MO, NC, NV, OK, PA, TN, TX and VA.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]The summer sales incentive program offers an opportunity to earn up to $15,000 by surpassing your 2nd quarter sales. That's $15,000 on top of your regular commission, and in addition to any extra money earned through our other sales incentive programs. All together, our 2011 sales incentive programs offer a chance to earn up to $25,000. Get on the fast track and get out front with our Aetna Advantage Plans. [/FONT]

SummerSales Incentive Details
[FONT=Verdana, Arial, Helvetica, sans-serif]You can earn additional [FONT=Verdana, Arial, Helvetica, sans-serif]cash— up to $15,000!—by selling 5, 10, 20, 30, 40, 50 or 60 more[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif] applications in the 3rd quarter (July 1 - September 15, 2011 effective dates) than in the 2nd quarter (April 1 - June 15, 2011 effective dates). This is in addition to your regular commission.[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]Sell this many new applications in Q3 [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]
Your Incentive Payout
Total Q2 applications + 5
Total Q2 applications + 10
Total Q2 applications + 20
Total Q2 applications + 30
Total Q2 applications + 40
Total Q2 applications + 50
Total Q2 applications + 60
=$2,000
=$4,000
=$6,000
=$8,000
=$10,000
=$12,000
=$15,000
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The amounts listed above are not cumulative. The incentive payout is based on the number of applications you increase over your 2nd quarter sales. Example: If you sold 10 applications in the 2nd quarter and at the end of the 3rd quarter you have sold 30 applications (an increase of 20 applications), then you would receive an incentive payment of $6,000.
Sales incentive program payments will be issued in late November 2011.

Sales Incentive Program Guidelines

• This program applies to the sale of Aetna Advantage Plans for Individuals, Families and the Self-Employed, in AK, AZ, CT, DC, DE, FL, GA, IL, KS, MD, MI, MO, NC, NV, OK, PA, TN, TX, and VA.
• This program applies to enrolled and approved applications, based on effective dates of July 1, 2011 through September 15, 2011 and must be in force for 90 days.
• Applications eligible for this program are based on TIN and SSN. Applications from different TINs and SSNs cannot be combined.
• This program is only available to licensed and appointed Aetna brokers.
• The broker must generate a minimum of 5 enrollments in the 3rd quarter to be eligible for this program and must have enrolled at least 1 application between January 1, 2011 and June 1, 2011.
• Brokers who sell through a General Agent (GA) are eligible to qualify.
• Brokers who sell through a call center, General Agents selling as Producers, and e-Vendors are not eligible.
• Eligibility for payments under this program is conditioned on broker’s advance disclosure of the nature of compensation programs to customers.
• Applications submitted for the AARP® Essential Premier Health or standalone Aetna dental plans do not qualify for this program.

[FONT=Verdana, Arial, Helvetica, sans-serif]**Access [FONT=Verdana, Arial, Helvetica, sans-serif]Producer World​

[FONT=Verdana, Arial, Helvetica, sans-serif]for more information about Aetna products. Plus tools and services for quoting, compensation, tracking applications, checking license status, and more.​

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[FONT=Verdana, Arial, Helvetica, sans-serif]Have a question? [FONT=Verdana, Arial, Helvetica, sans-serif]Email the Aetna Broker Support Unit at [email protected]​

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[FONT=Arial, Helvetica, sans-serif]This information is intended for brokers only. Aetna Advantage Plans for Individuals, Families and the Self-Employed are underwritten by Aetna Life Insurance Company (Aetna) directly and/or through an out-of-state blanket trust or Aetna Health Inc. In some states, individuals may qualify as a business group of one and may be eligible for guaranteed issue, small group health plans. To the extent permitted by law, these plans are medically underwritten and your client may be declined coverage in accordance with their health condition. 6/11​

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[CHUMPS FROM OXFORD]

Actually, not new. Just a puffed-up extension of the existing program.

 

[taterpeeler]

i think the part about must have sold something from 01/11 to 06/11 is comical...

what they are really saying is this: Lookit, if you jammed one of our overpriced plans down someones throat in the last 6 months you can now qualify for an easy bonus plan since we lowered rates 17%

 

[CHUMPS FROM OXFORD]

Very true...with the exception of specific areas of the country.

 

[stiffy]

Too bad Aetna is only competitive in....

Oh, that's right, nowhere.

Good for smokers, the obese, type 2 diabets but that's it.

 

[AndreaSti]

Too bad Aetna is only competitive in....

Oh, that's right, nowhere.

Good for smokers, the obese, type 2 diabets but that's it.

That could be half of the population depending upon where you are.

 

[stiffy]

That could be half of the population depending upon where you are.

True, true.

And just because their underwriting guide says they will consider it doesn't mean they will seriously consider it. Anyone have any luck getting a Diabetic through on aetna?

 

[AndreaSti]

True, true.

And just because their underwriting guide says they will consider it doesn't mean they will seriously consider it. Anyone have any luck getting a Diabetic through on aetna?

Once - 90% rate up. No meds, diet only. In their defense (I reluctantly say this) it could escalate to worse if the client didn't change their lifestyle.

 

[CHUMPS FROM OXFORD]

"Too bad Aetna is only competitive in....
Oh, that's right, nowhere."

Evidently and thankfully, you are not familiar with all states.

 

[AllenChicago]

Too bad Aetna is only competitive in....

Oh, that's right, nowhere.

Good for smokers, the obese, type 2 diabets but that's it.

Because Aetna's commission is a measly 4% for the first XX approved applications, I rarely write them. BUT, Aetna has been great with accepting people who've been turned down by my preferred carriers. Last week, Aetna approved a 5'11" 309LB client with only a 10% rate-up due to weight and a final premium that's lower than BCBS-IL or Humana, the two lowest priced HSA carriers in this area. Blew me away! What's really exciting is the $7.80 commission!!

But alas, I will not be able to qualify for the puffed-up Aetna bonus program because I didn't write any business between Jan 1, 2011 and June 1, 2011. Bummer... Last one I wrote was in 2010 for a lady with heart conditions.

-AC