News & Updates
As we know, Anthem Blue Cross understands that for you to succeed, both you and your clients need access to quality products at affordable prices. This does not come without significant challenge and compromise during such times of uncertainty.
In order to ensure you maintain options for continued success, Anthem Blue Cross has given consideration to various options and will, as a result, implement a change to their Small Group new business commission structure beginning with July 1, 2011 effective dates. The details of this change are provided below.
Small Group commissions for all new medical business, beginning with July 1, 2011 effective dates, will be reduced on a graduated tier for annualized premium of $500,000 or less. This new commission structure will be vested going forward. Please note that Dental, Life and Vision commissions will not be impacted by this change.
Commission Earned on Annualized Premium up to $500,000
Commission Earned on Annualized Premium Over $500,000
In-force business will not be impacted by this change. The Small Group commission schedule will remain vested.