Information obtained from DFS Prior Approval Submissions
https://myportal.dfs.ny.gov/web/prior-approval/rate-applications-by-company
It's pretty simple to find it yourself, just open the "rate approval" file for each carrier's product, hit "ctrl+f" to bring up the search function, and type in "commission". It'll pop up pretty clearly.
These are public records/filings, I don't see any reason not to post this.
Proposed Comp
HIP
Indiv-nothing for GA or SA
SG-3% SA, $6.55 GA PMPM
Aetna
SG-1% SA
Indiv-“Aetna does not offer commission or incentive fees for individual business in NY”
HRINY
Indiv-1% SA
SG-4% SA
Oxford
SG EPO/PPO (United)-3%SA
Indiv – 1.5% SA given as $15PEPM
Oscar (What are you doing Oscar!?!?! We love you!)
On Exchange Ind-“no commissions will be paid for the sale of individual products”
Off Exchange Ind-“no commissions will be paid for the sale of individual products”
NSLIJ
SG Off or On-4% SA, 1.5%GA
Indiv Off or On- 2% SA, 1%GA
Excellus BCBS
SG- 4% SA
LG- 4.5% to 1% (decreasing based on cumulative YTD premium.)
Indiv: $25 PCPM
Retention Bonus, .5% at 95%, .75% at 98% retention levels.
Empire BCBS
Didn’t file commissions
Rough math says it looks like a $5 flat fee on SG, $2-3 flat fee on Indiv.
(1.31-1.51% given as a flat fee in the price breakdown chart, hence my estimation. The commission page explicitly states a 2015 chart will be released separately).
https://myportal.dfs.ny.gov/web/prior-approval/rate-applications-by-company
It's pretty simple to find it yourself, just open the "rate approval" file for each carrier's product, hit "ctrl+f" to bring up the search function, and type in "commission". It'll pop up pretty clearly.
These are public records/filings, I don't see any reason not to post this.
Proposed Comp
HIP
Indiv-nothing for GA or SA
SG-3% SA, $6.55 GA PMPM
Aetna
SG-1% SA
Indiv-“Aetna does not offer commission or incentive fees for individual business in NY”
HRINY
Indiv-1% SA
SG-4% SA
Oxford
SG EPO/PPO (United)-3%SA
Indiv – 1.5% SA given as $15PEPM
Oscar (What are you doing Oscar!?!?! We love you!)
On Exchange Ind-“no commissions will be paid for the sale of individual products”
Off Exchange Ind-“no commissions will be paid for the sale of individual products”
NSLIJ
SG Off or On-4% SA, 1.5%GA
Indiv Off or On- 2% SA, 1%GA
Excellus BCBS
SG- 4% SA
LG- 4.5% to 1% (decreasing based on cumulative YTD premium.)
Indiv: $25 PCPM
Retention Bonus, .5% at 95%, .75% at 98% retention levels.
Empire BCBS
Didn’t file commissions
Rough math says it looks like a $5 flat fee on SG, $2-3 flat fee on Indiv.
(1.31-1.51% given as a flat fee in the price breakdown chart, hence my estimation. The commission page explicitly states a 2015 chart will be released separately).
