Scroll down for a discussion on Universal's Comp Plan for 2010 in Ga. within the Senior Insurance Forum.
This Compensation Schedule pertains to all Representatives of the FMO , for Enrollments effective for the period starting January 1, 2010 thru December 1, 2010, ...
This Compensation Schedule pertains to all Representatives of the FMO, for Enrollments effective for the period starting January 1, 2010 thru December 1, 2010, specifically for those individuals who become Medicare eligible during this period. Representatives understand that this document is for your information only and the actual terms and conditions for any Compensation or other duties is as more fully set forth in the FMO Agreement between UHC and the FMO.
UHC agrees to compensate Representatives for Enrollments accepted by CMS as follows:
1. Commission Payments for Tier 1 Counties (see details at Schedule A herein). For each individual who is newly enrolled in one of the following UHC Medicare Advantage products: Medicare Masterpiece HMO, PPO, POS and SNP Plans, Universal HMO of Texas, and Any, Any, Any PFFS Plans, UHC will pay an Initial Rate of $403.00 in all states excluding Pennsylvania, which is $454.00, and a "Renewal Rate" of $202.00 in all states excluding Pennsylvania, which is $227.00 based upon applications accepted by CMS. Beginning in January, 2010, commission payments will be paid to the FMO as outlined in Section 3 herein.
2. Commission Payments for Tier 2 Counties (see details at Schedule A herein). For each individual who is newly enrolled in one of the following UHC Medicare Advantage products: Medicare Masterpiece HMO, PPO, POS and SNP Plans, Universal HMO of Texas, and Any, Any, Any PFFS Plans, UHC will pay an Initial Rate of $200.00 (all states) and a "Renewal Rate" of $100.00 (all states) based upon applications accepted by CMS. Beginning in January, 2010, commission payments will be paid to the FMO as outlined in Section 3 herein.
3. Payment Terms. Beginning January 8, 2010, commissions will be paid out twice a month. For those individuals who were newly entitled or enrolled from traditional Medicare, as determined by CMS, FMO will be paid at the Initial Rate. Compensation is earned in months four (4) through twelve (12) of the enrollment year as long as the member is active with the plan. If an enrollee leaves the plan prior to month four (4), no compensation is earned. If enrollee leaves the plan after month three (3), compensation is paid on a pro-rated basis for the months in which the enrollee actually was a member of the plan.
4. Renewal Payments for Tier 1 Counties. Representative will receive renewal compensation in the amount of $16.66 per member per month in all states excluding Pennsylvania, which is $18.91, for the five (5) year renewal period (year's two through six) as long as the member remains enrolled in the plan or enrolled by FMO in a like replacement plan with UHC. Compensation is earned in months four (4) through twelve (12) of the enrollment year as long as the member is active with the plan. If an enrollee leaves the plan prior to month four (4), no compensation is earned. If enrollee leaves the plan after month three (3), compensation is paid on a pro-rated basis for the months in which the enrollee actually was a member of the plan.
5. Renewal Payments for Tier 2 Counties. Representative will receive renewal compensation in the amount of $8.33 per member per month in all states for the five (5) year renewal period (year's two through six) as long as the member remains enrolled in the plan or enrolled by FMO in a like replacement plan with UHC. Compensation is earned in months four (4) through twelve (12) of the enrollment year as long as the member is active with the plan. If an enrollee leaves the plan prior to month four (4), no compensation is earned. If enrollee leaves the plan after month three (3), compensation is paid on a pro-rated basis for the months in which the enrollee actually was a member of the plan.
Re: Universal's Comp Plan for 2010 in Ga.Go to Top
Originally Posted by Bob_The_Insurance_Guy
This Compensation Schedule pertains to all Representatives of the FMO, for Enrollments effective for the period starting January 1, 2010 thru December 1, 2010, specifically for those individuals who become Medicare eligible during this period. Representatives understand that this document is for your information only and the actual terms and conditions for any Compensation or other duties is as more fully set forth in the FMO Agreement between UHC and the FMO.
UHC agrees to compensate Representatives for Enrollments accepted by CMS as follows:
1. Commission Payments for Tier 1 Counties (see details at Schedule A herein). For each individual who is newly enrolled in one of the following UHC Medicare Advantage products: Medicare Masterpiece HMO, PPO, POS and SNP Plans, Universal HMO of Texas, and Any, Any, Any PFFS Plans, UHC will pay an Initial Rate of $403.00 in all states excluding Pennsylvania, which is $454.00, and a "Renewal Rate" of $202.00 in all states excluding Pennsylvania, which is $227.00 based upon applications accepted by CMS. Beginning in January, 2010, commission payments will be paid to the FMO as outlined in Section 3 herein.
2. Commission Payments for Tier 2 Counties (see details at Schedule A herein). For each individual who is newly enrolled in one of the following UHC Medicare Advantage products: Medicare Masterpiece HMO, PPO, POS and SNP Plans, Universal HMO of Texas, and Any, Any, Any PFFS Plans, UHC will pay an Initial Rate of $200.00 (all states) and a "Renewal Rate" of $100.00 (all states) based upon applications accepted by CMS. Beginning in January, 2010, commission payments will be paid to the FMO as outlined in Section 3 herein.
3. Payment Terms. Beginning January 8, 2010, commissions will be paid out twice a month. For those individuals who were newly entitled or enrolled from traditional Medicare, as determined by CMS, FMO will be paid at the Initial Rate. Compensation is earned in months four (4) through twelve (12) of the enrollment year as long as the member is active with the plan. If an enrollee leaves the plan prior to month four (4), no compensation is earned. If enrollee leaves the plan after month three (3), compensation is paid on a pro-rated basis for the months in which the enrollee actually was a member of the plan.
4. Renewal Payments for Tier 1 Counties. Representative will receive renewal compensation in the amount of $16.66 per member per month in all states excluding Pennsylvania, which is $18.91, for the five (5) year renewal period (year's two through six) as long as the member remains enrolled in the plan or enrolled by FMO in a like replacement plan with UHC. Compensation is earned in months four (4) through twelve (12) of the enrollment year as long as the member is active with the plan. If an enrollee leaves the plan prior to month four (4), no compensation is earned. If enrollee leaves the plan after month three (3), compensation is paid on a pro-rated basis for the months in which the enrollee actually was a member of the plan.
5. Renewal Payments for Tier 2 Counties. Representative will receive renewal compensation in the amount of $8.33 per member per month in all states for the five (5) year renewal period (year's two through six) as long as the member remains enrolled in the plan or enrolled by FMO in a like replacement plan with UHC. Compensation is earned in months four (4) through twelve (12) of the enrollment year as long as the member is active with the plan. If an enrollee leaves the plan prior to month four (4), no compensation is earned. If enrollee leaves the plan after month three (3), compensation is paid on a pro-rated basis for the months in which the enrollee actually was a member of the plan.
Which counties are Tier 1 and Tier 2.
I'm trying to decide do I want to carry them. I don't at this juncture see a point.
Universal's Comp Plan for 2010 in Ga.
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