Additional 1st Year Commission Program
Effective July 1 - December 31, 2013 New Business
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You can earn additional commission on new sales.
- Replaces current Moneyball program set to end in July
- Available for groups 10-99 Employees
Here are the details:
Current 2013 New Business Commissions
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Agency Tier
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2-14 Subs
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15-50 Subs
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51-99 Subs Pass Through*
| 1
| 7.0%
| 6.0%
| Pass Through
| 2
| 6.0%
| 5.0%
| Pass Through
| 3
| 5.0%
| 3.5%
| Pass Through |
Moneyball Additional First Year Compensation Program
July 1 - December 31, 2013 Effective Dates
|
Agency Tier
| 10-50 Subs
| 51-99 Subs
| 1
| 1.5%
| 2.5%
| 2
| 1.0%
| 1.5%
| 3
| N/A
| 1.0%
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- Paid monthly with a separate commission run
- Payable for the group's first 12 months of coverage
Learn more. Contact your Sales Executive with any questions.
* Pass Through - Broker/Group-Determined Compensation
Groups with over 100 subscribers not eligible. Commissions will only be paid if all conditions described above are met for the applicable commission. Coventry Health Care of Virginia, Inc. reserves the right to modify or discontinue the commission program described above without notice. Coventry Health Care of Virginia, Inc. recommends that all commissions be disclosed. |
Small Group "One and Done"
17 Months of Budget Stability
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Starting with July Effective Dates, Small Groups Have the Option: Same Rates, Same Benefits for Up To 17 Months
Do your small group clients want rate stability through November 30, 2014?
Do they want to know their benefits won't change through November 30, 2014?
If so, Coventry Health Care of Virginia, Inc. has the options you need. Beginning with our July 1, 2013 small group renewals and new sales, and continuing through October 1 effective dates, our BenefitExpress renewal packets will contain a unique opportunity. We are aware that many of our mutual clients want to ensure benefit and rate consistency, stability, and predictability by making a change to their contract year.
Learn more:
Contact your Coventry Health Care of Virginia, Inc. Small Group Account Manager or Account Executive.
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Safe Senders
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If you are not receiving emails notifying you that a new commission statement is available, please check to make sure that the email address coventrycommissions@cvty.com is in your "safe senders" list. Do not send an email to this address. Instead, call 800.438.4029 for any questions regarding commissions.
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| PPO products are underwritten by Coventry Health and Life Insurance Company and administered by Coventry Health Care of Virginia, Inc. |
